Will it make me money or lose me money?

Or is this a situation where you would do this only if you would lose the deal otherwise?

Texas recently passed state laws regarding those - and if you don't do it right, you lose the house and the debt entirely. 

Just trying to protect myself and not lose money on something I worked so hard to obtain.  

I feel like I'm folding a pair of pocket aces, but I have to play the game with discipline, or you lose your stake.

When people here send me private messages or ask me on a call, one of the many things I'd tell them if they want to buy pre-construction is to check the developer's construction license and that it complies with the zoning rules (and I'll tell them if I know what those are).You woudn't believe the amount of people that are ready to put a sizeable amount of cash on the table but won't spend the little extras needed to make sure they don't lose it.

I love section 8 because it guarantees a certain % of rent, the tenants really value that housing voucher and won't do things to risk losing it, and section 8 has strict criteria for condition of the unit which adds a layer of accountability on my property manager. 

Communication has been a major issue, and I'm finding it difficult to get timely updates or clear answers from them.Given these challenges, I am losing faith in their ability to manage the property effectively and am seriously considering switching to a new property manager.Has anyone experienced similar issues?

They know you likely wouldn’t file a CA tax return - since you live out of state - so they found a way to make sure you do.Since you are losing money, most likely you can deduct losses against income and get the withholding back when you file a CA tax return in April.Confirm this with your tax person.

Given our current properties, is there a creative way to do the financing that would allow us to buy the beach house without losing our current rental income ($6250/month) we are relying on?