Depending on the market, A game room can give you a similar ROI with much less liability. 

If foreclosure is what you want to invest in get a head of the game and focus on a target area and know if that HOA is a pain to work with, you might just find someone who wants to sell quickly to get aways from the HOA.

Some/many lenders don't like a 2nd mortgage behind their first (like the skin in the game), however there are both bridge or permanent financing options out there allowing you to leverage anywhere from 90% CLTV - 100% CLTV, but don't expect good terms...

And do you think you're the only game in town?

I’m not in the game yet, but I’ve been diving into this to prepare for my first multi-family deal.

Congrats - you won the investment game!

I’m new to the real estate game.

In addition, while the umbrella did not end up having to pay out, having it meant I did not stress about it at all.  

It’s a game changer.

It's a long game, not a sprint.