Jeez, this nonsense is what makes having an intelligent discussion so difficult on BP.  

The fact it didn't, and only applies this reasoning when prompted, proves it's not as intelligent as you seem to think.

This implies you should be able to exit about even (small profit or loss).. https://www.corelogic.com/intelligence/us-home-price-insight...if your hold was longer so there was significant prop 13 discount I may recommend holding but not the case here.  

Ensuring that you do your homework before purchasing a property is extremely important for making an intelligent investment.

Your level of education - assuming you're of at least average intelligence - is going to be strongly correlated to the amount of time you're willing to spend reading and studying the techniques of real estate investing.

His advice will work for you if you have the correct measure of intelligence, experience, and willingness to work hard at it.I think a better option is to hire a property manager with the expertise and connections to handle it for you. 

I'd recommend keeping it in the bank until you have learned enough to make intelligent investment decisions.Personally, I would do the following:500,000 - Gold, Bitcoin - Always prudent to hedge your bets.1,000,000 - Cash.

For a 7 year old roof you should be able to find replacement cost coverage on your roof if you want it.This is a really good example of why I always say insurance is not all created equal and it's important to have an agent that can/will intelligently explain policy provisions.It sounds like you determined you had ACV on your roof on your own. 

Take a look at the stock market today - retail investors flock towards bankrupt companies because it is a “good deal” that sounds like someone who doesn’t understand the premise of intelligent investing in the stock market - similar to those who may not understand how to leverage the 2 for 1 capabilities of a WLI policy.

I am sure that every once in a while, someone selling their home Subject-To will magically transform into a responsible person, intelligently capable of forecasting their long-term financial future, and turning over a new page.