A man shows his true colors in times of adversity and not triumph.

I’ve survived this biz for 35 years without losing investor principal, across many adverse market cycles, and I couldn’t do that by taking on much “wipe out risk.”

Plus the advantage of leverage (modest if your a risk adverse pharmacist :) boosts and IRR dramatically.

If the economy or housing market adversely shift, or if you are buying from a poor originator, or buying loans with low quality borrowers/properties, these results would deteriorate.But if you have capital for just a handful of loans, overall performance averages don’t apply.

Whenever I have a buyer who receives an inspection report with adverse findings, I advise the buyer to send the report to the seller.

They interpret the statutes and rules and provide a letter to the client stating the justification for the transaction and the risk of an adverse ruling.

Any other deed restrictions, use restrictions or other misc. items that are adverse to your objectives?

There was a case in Aspen a few years ago with a squatter living in a $3.5M home for over a year who tried to claim adverse possession.

The guidance and wisdom I found within this community were instrumental in navigating my first property's challenges and successes.However, our efforts were met with unforeseen adversity.

@John Underwood in PA. the statute of limitations for Adverse Possession is 21 years.