There's a sweet spot between those two ends of the spectrum where if you can afford to flip multiple properties at a time using all of your own capital, you wouldn't have a need for hard money.Best of luck on your investing journey!

If you don't, you hit the total loss end of the spectrum.  

So many immigrants here and many of them are more educated and much more driven than the average American.Still there are people that move away due to high housing prices, especially those on the lower end of the income spectrum. 

You're lumping "all" commercial together, when it covers a broad spectrum of properties, from industrial, office, medical office, retail, etc.

I also agree with you that a large percentage of our Congress is beholden to either of the two extreme sides of the political spectrum.

And while my tenants are clearly on the lower end of the economic spectrum I would go for a walk through the area at night with my daughters and not think twice.

By the beneficiary's discretion, there could be an open modification or short sale reviewing taking place and the mortgage servicer is requesting postponements, the borrower could of filed Bankruptcy, or the occasional shady postponement tactics. 7 Years is on the extremely long end of the spectrum.

When I looked about an hour ago, lots of for rent homes in all spectrum of prices....

Let's assume they hit the top end of the savings spectrum & that the property rented for $950/mo.Original Investor "Savings" Amount $2,000.3 additional months of lost rent waiting for vacation time -$2,850Round trip flight from California to Cleveland. -$600Additional month of lost rent due to owner doing job slower than contractor -$950Short term rental in Cleveland for 2 months. -$3,000Two months of missed pay at work (Assuming investor makes a modest $250k/yr) -$41,666Additional money paid to original contractor to fix stuff that owner found out wasn't as easy to fix as he thought -$1,500Additional month of missed rent waiting for original contractor to finish the stuff that owner found out wasn't as easy to fix as he thought -$950Actual Investor "Savings" Amount -$49,516.Yup, in an effort to save that $2,000 the investor winds up loosing a total of $49,516.

I work with a decent spectrum of designers during the day, and a typical logo like this would cost a few hundred to a few thousand dollars.