@Angel Gutierrez that reports cites an increase of money spent on gambling as a contributor to defaults on mortgages.

Will he find satisfaction in his chosen field?

It seems to me that in an instance like painting or roofing, where the homeowner is specifically prohibited from choosing their own contractor or doing the the work themselves, that the HOA takes on the responsibility of the outcome of its chosen vendor's actions.

I don't know much about your chosen niche but I wish you the best of luck!

I feel like all of them have chosen Barack Obama and John McCain as the presumptive winners of their respective parties, and have done nothing but show these guys in a positive light.

If they want to redeem, it has to happen within those 120 days.During that time is a gamble for the investors who own them.

I think you SHOULD contact them and relay your experience with their chosen PM.

Why have you chosen this path?

Basicaly your saying  put more in at a lower rate of return and then gamble on appreciation??  

As far as risks, I'd rather take the 10 years of certain cash flow with moderate appreciation over gambling on equity increases.