I don't mind gambling a small fee to each interesting property to discover whether or not there is a problem, but to stumble into a million dollar liability will end me.

It also comes down to goals if you in Seattle and do a Heloc or refi just know your doing it for appreciation (which I call gambling) but others will call investing.

Dimon, et al. feel that it is their right to gamble totally unregulated while still being backed by the tax payer if their bets fail? 

I read too many new landlords buying a house, and instantly jacking the rent up on the tenant, too many new landlords making up the law as they go along, too many new landlords that are heading straight to slumlording.But I would still hate for BP to turn into forums I've seen in the past where a group of users who have massive post counts, have a clique going, and berate new users for sport.

I did vote on your last post though because I love the analogy of the "everyone gets a trophy" kids' sports teams.

That's not a gamble I would be willing to take.

I am not sure exactly what that means but appears they have been worth recognizing :) I know their sports programs like football and basketball have had success many years.

You are right this one kind of is a gamble but what can I do now, other than change the decisions that I make in the future.

As far as I can remember, the city itself was the place you'd go for work or pleasure... sports, arts, theatre,  shopping. 

REI is a competitive sport: While you are stuck in analysis paralysis, someone else is buying the house.Good Luck!