If the market slows down even just a little...catches a tiny little cold...you will lose all your money and the lender will likely take a loss also.I ran a distressed debt fund for 5 years, DO Income Fund, and we had hard limits when buying distressed debt.

That full bath #2 is tiny and I can't stop looking at it... seems like a closet.

Best uses: Large estate with mother in law homeSmall development with 1/2 acre luxury homesTiny home communityOffice spaces made up of tiny home officesSmall retirement communityRestaurantsFlex warehouseCommercialThe property has approx 40' of Wilmeth Rd frontage.

A few of them opened up again, so a few months later I repeated the process but put a little wood glue in the cracks first.

Maybe caulking any gaps or cracks in them should suffice.Experience appreciated. 

And most will be able to pay the taxes when they come due, and put on a new roof, and put on a new coat of paint.As well as replace the carpets, cut the grass on a regular basis, replace the windows, reseal the chimneys when the liners crack, etc..It's unlikely that that these homes will fall into the slum category in 10 years or so, and make the asset underlying the loan virtually worthless.Or just vanish when the place starts to fall apart too much, due to no down-payment (no skin in the game 100% loans).Said the lawmakers who approved this.

This is a crucial step in identifying and cracking down on criminal elements.

This is a crucial step in identifying and cracking down on criminal elements.

This is a crucial step in identifying and cracking down on criminal elements.

It's weird when you've been investing for 25 years and just hopped onto BP and then crack back against someone with pretty good advice.