Less than a year in the syndicator and onsite management turned out to be inept at best/arguably fraudulent, and my relative lost nearly all of the money invested.   2.

But then again , I still like to gamble in little ways ,like grab a rattlesnake by the tail. ;).

Sure, the markets will fall, but companies like Proctor and Gamble aren't going anywhere because people will always need their products The same goes for real estate.  

Buying someone's unknown LLC is not a calculated risk, that's what I call a gamble.

The casino keeps the remaining 2 cents, which you can see displayed up and down the Las Vegas strip.However, when you gamble you're really playing for the variability.

So I took the gamble, At age 19 I was a landlord, I loved it.

Individuals can always be held personally liable for negligent, fraudulent or illegal acts or omissions.

Even worse, you can have to deal with an eviction.Like many investments, you can use gambling formulas to look at this problem.

(actus non facit reum nisi mens sit rea)If a bank intentionally foreclosures on the house of a person who it knows is current on his mortgage payment, or if it "forecloses" fraudulently on the wrong house knowing that it is the wrong house, then you are right that it would be a criminal matter under current laws.But if you are doing a million foreclosures and there are some paperwork errors that result in a few wrong foreclosures, it does not become a crime that is comparable to burglary, etc.

Though, I know it would be a gamble.