One book that was mentioned on here is really pertinent to all this stuff - AntiFragile, which is a great example of how the idea of economic (and other kinds of preparedness) are largely insufficient because the modeling sucks. 

The home foundation appears solid and only the deck supports have settled due to insufficient footings. 

If you do PPC or SEO and you are not getting anywhere it is because 1) You don't have a credible website2) You are targeting the wrong audience3) You didn't do your cost/lead calculations and you are marketing on an insufficient budget.You do all these 3 right and I PROMISE you will get leads and make deals.The mistake you make is assuming that my dislike for DMM is personal.I am a scientist, and for me data is what matters.

Minimal contribution, misunderstandings of the mechanics and insufficient experience and lack of funds.  

You certainly can discriminate against people who have had an eviction, as you can discriminate for many other reasons, such as insufficient income or certain types of criminal convictions.

Mine is a cut and fill on a hillside with insufficient compaction on the fill side.

If, upon foreclosure sale, there's insufficient money to pay off any of your 2nd or 3rd trust deed, you can sue for the differences (process is called Deficiency Judgment).For more detail, check this out, straight from the CA BRE website: http://www.dre.ca.gov/files/pdf/re35.pdf 

One is in the final stages of being rehabbed and the other is done, waiting to be filled by a tenant.I just applied for a refinance mortgage for the two properties and was denied due to having insufficient income to support the loan.Personal income is ~$40k/yr Rental income on these two will be $1675/moA good deal of cash reservesFICO ~640 ARV of both properties is ~$160k , looking for $100k in refinance (62.5% LTV).I'm waiting on the 'official' denial letter but did get a call from the branch manager stating that I was denied.

Failed foundations on a couple of these homes were not due to pier failure in and of itself, but rather due to insufficient pier depth and or insufficient crawlspace height and venting.Here's the question: How long has this tree been acting as a support member?

In general, if you can own the property you're better off than just having an option contract (it was pointed out that traditional financing is easier with ownership).However, the property information that you have supplied is insufficient to determine if the deal is a viable investment opportunity.