She said she thinks he's mentally unstable. 

I love Tom Kroll's mentality that it's all about imperfect action! 

Does anyone take in consideration weather/natural disasters when investing out of state (ie tornados, hurricanes, earthquakes etc)  or is it "I have insurance who cares" mentality? 

I'll also look for the general condition of the home and take mental notes of any glaring issues.

I wouldn't suggest anyone "devastate their life" for a piece of real-estate.I just think too many people have the mentality that walking away from their obligations is ok.Again, If he has the means to make up the shortfall then I think he should.

It is the fight or flight mentality. 

I despise the practice of tying up a property and ignoring obvious defects and the use the inspection report to reopen the negotiations after the seller has mentally committed to a sale.

my experience with rent to own.. is that its pretty low ratio of conversions to sales.as long as your good being in the rental game long time that works.people that do this.. generally still have renter mentality.. even though you think they should act like owners they don't  they still expect you to maintain home etc.. and of course they still trash em and leave em for the next one.so just be aware..

It did prompt the new HUD rules.I anticipate the HUD rules being expanded to credit scoring, which can be impacted by statistically abnormal arrest rates in certain populations (affecting  job stability and credit management) and by mental illness or other disabilities that affect such life skills as timely bill payment.

With that said, we are mentally struggling with how to "scale" the business from a financing standpoint.We have 200k to work with in cash and a 100k in a HELOC as a fallback.