This costs thousands of dollars and lenders have no interest in gambling that a judge will rule in favor of a big bank over a a family of four who lost their home and probably nest egg.

But it nevertheless discusses some very important statistical things that are important to know if you wish to trade options (if you wish to make money in the long run).And Tom, your advice about buying puts and calls being too much of a gamble is not correct.

I always preferred the gambling that came with free soft drinks, scantiliy clad women and all the bells and whistles.

thanks.I thought buying at tax sale was kind of a gamble / football game.

Not because there is anything wrong with the house but because they smell money...Anyone can sue anyone for anything, but they actually have to prove you did something fraudulent, negligent or otherwise illegal to win.

I know some people will perform a pressure test on plumbing but I didn't and my gamble paid off because all lines were good.In my case this renovation was a success.

Being an REI and having the property as an asset tends to negate this, but the test is still there and used by the courts - so be aware of it.In general, as long as you set up the LLC properly, define the rules you will operate it under, actually operate by those rules, fund the LLC commensurate with its operations, and then don't willfully be fraudulent or negligent, you will probably be fine.

(Side note: I have 2 different asphalt shingles brands on my roof and never new it until I was standing on it. 6/12 pitch, 25' feet up, each gamble roof side was different. ) If one roof needs to be replaced isn't the other roof needing to be replaced for the same reasons?

A new agent may gamble that with the extension of tons of effort a wholesaler relationship may lead to a listing but an experienced agent will know that the time extended on that would be more productive elsewhere.

Skip the COVID relief and instead turn him in for a fraudulent application as he was subletting it rather than living there.