@Orlo Flock I've been using Cascade Community Management for 6 months.  

I mean I had done 2,000 of the same HML transactions over a 10 year period with nary a default then it became a cascade and those with no reserve's got wiped out.

Investment Info:
Single-family residence fix & flip investment in Rochester.

Purchase price: $70,000

Cash invested: $122,900

We had a client bring us this project in January of 2020. They found...

Investment Info:
Single-family residence fix & flip investment in Rochester.

Purchase price: $70,000

Cash invested: $192,900

This actually started as a client project for us. Through a series o...

I am a newbie investor looking to buy a summer home in the cascade Mts (in Washington) that can be used as STR during our vacancy.

Financing falls through and you're totally screwed on the deal, you can't pay back the money you took out of your IRA to buy this place initially for cash, you get to pay the penalty and the tax.It turns into a cascading event and you're busted out of the buy-and-hold business.Do you want to give a tenant that kind of power over you? 

This will not only have a profound impact on commercial real estate, but can also cascade into layoffs, inability to pay rents (residential), reduced travel/ leisure (STR), etc. 

Yes there are a lot of people who are doing things that deserve to get them kicked out but a lot of people  just follow on temporary hard times that become permanent crises whenever they are saddled with cascading late fees refusal by the landlords to except any payments except the entire amount that they have because they don’t want it to be more difficult to kick them out, and eventually  evection which ruins their chances of finding anywhere else to live.

beautiful 5 bed 3.5 bath with amazing views of the north cascades close to skiing, wine, orchards, and tons of outdoor recreation.

So when he wanted to shedd on bad property he bought thinking he could jsut walk from that one and keep the rest current the HML called them all in default and default interest etc etc which led to a cascading event and a Big huge bankruptcy for him.