I'd rather participate in syndications than create a business of lending.Also note that lending has none of the tax benefits owning real estate has, which makes a big difference. 

The problem with the preparedness approach is a lack of understanding of the litigation process and objectives of the claim participants.

@Kevin Orellana do you like the asset; is it in a neighborhood that you are proud to own it, do you see it continuing to be a desirable place to live? 

Dave Ramsey wouldn’t be proud of me, but it’s worked for me.

By already being in a property you'd be able to refi when the rates lower instead of participating in what I expect to be a period of bidding wars.

Also you can’t use any equity in that deal to finance another deal unless it is also with the same participating bank and SBA.   

You can have employees that work less than 500 hours per year but they are ineligible to participate in the Solo 401k plan.  

‘Queen of Mobile Homes’ Owes SEC Nearly $14 Million, Court SaysThe SEC**** is entitled to a default judgment against a Texas woman who allegedly ran a mobile home investment scam, a federal court said in ordering almost $14 million in disgorgement, interest, and penalties******Chimene Van***** Gundy is also subject to injunctions prohibiting her participation in the offer or sale of securities, Judge Fred Biery said in the order docketed Thursday in the US District Court for the Western District of Texas.The Securities and Exchange Commission *****alleged that Van Gundy, who marketed herself as “the Queen of Mobile Homes,” ran an $18.5 million Ponzi scheme, using the investors’ money ...Looks like Chimene owes them a lot of money, but where is ours!

People are proud to live here, tenants and homeowners.

Not everyone wants to be told they are great and get participation trophies just for trying.