That is how investors get ruined, happens in all walks of REI investing.Quit talking to and comparing yourself to your friends.

You are not Atlas and the emotional strain it will bring could ruin your life.

-Ultimately, the water came through the roof/ceiling a soaked my first floor, insulation electric, sheet rock, flooring all ruined.

As @Paul Sofia said, you are a rookie playing a championship game.Pass on this, you are clearly over your head.....this could ruin you.

Whenever you install tile over concrete an uncoupling membrane must be used to isolate your tile/ grout from the possibility of a crack in the slab ruining your floor.

just make sure to set your calendar accordingly so in future months you arent accidentally getting STR bookings and ruining your MTR chances

It can ruin a foundation."

It talks about all the material participation rules, and how to ruin a taxpayer's day.Having a W-2 job is likely a killer... but at the same time, if that W-2 is not material or if your reliance on that income is not material, then we say go for it.

But increasing stories like this one, are ruining family vacations/stays! 

Additionally the seller, whose loan I promised to pay, now has a foreclosure on her record and her credit will be ruined.