. :)  oh I swell up thinking about it.So for all those kids out there in their early 30s late 20's especially if you have 100 or 200k in a roth.. man I would be buying a timber tract and when your my age early 6o's it will come into production value will be in the millions and it will be all tax FREE.... but maybe I need to do a pod cast on that subject... but its not rental houses so I doubt many will do it.I did have one bp member buy me lunch last fall who hit a nice one up in WA his logs paid for his dirt and he made a BIG hit.. you would need to own 20 rentals for 10 years plus to make what he did on that one job.. all in less than a years time.

After owning them about 5 years he realized that his units were not rent able anymore in the condition they were in and he was bleeding capex and had half year vacancies. 

So if you're worried about tenants not paying, damaging, cost of eviction/repossession then just take the loss right now and you don't have the hassle.You're on the wrong side of the loss curve to wait out property value vs. negative cash flow bleeding my friend. 

This is why rational players in the B&H space would rather sell and cut their losses rather than bleed to death.

Bleeding fantastic I'd imagine.

I think I got a decent handle on personal finances, at least as far as not bleeding money goes.I've begun talking about concepts like that with the wife, and she is coming around, though I don't feel like I have nearly a good enough handle in it yet to even explain it to myself.Her biggest fear is overextending, and I don't know yet how to reconcile that part.

I began to second guess everything I'd read/done and felt defeated, looking at my bleeding balance sheet.

This indicates we have not yet seen a large swell in unqualified buyers. 

Accept what she’s been paying and slowly bleed to death.

I tried to get my client to get out, but it was an estate sale, he was rich AF and bleeding money on it, but didn't care because he didn't want to hear about it from his brother in-laws anymore.