Have you ever heard of a Landlord being sued by a Tenant and losing property?

There are lots of scenarios where you can lose money at a foreclosure auction - usually because the sale price plus rehab and future sale costs are driven above the after repair value.

@Max Tanenbaum - there are lots of companies (usually law firms) that specialize in tax appeals; they take a percentage of the first year's savings as payment, so you don't have much to lose by using one of them UNLESS the appeal results in a higher tax.

The answer is a property that loses money big time, and they won't be able to get out of it.

Your loan officer could also lose his licesnse.

Their management agreement is win-lose arrangement. 

Too much risk.I guess they could always be a paralegal when they lose their law license.

Bottom line is you can rent out on a short term basis and you don't get into a legally binding agreement during the first year where you lose the ability to occupy the property when you so choose.2. 

I let the accountants live in the world of forms and paper wins and loses. 

If you don't, you lose out on a lot of income and there's a risk that Vrbo and Airbnb might drop you in their algorithms.When I built my cabins, I placed them on the right hand side of the lot so that I would have room to build a small pool house someday (about the size of a two car garage).