If they have the ability to pay going forward and if I have confirmation from the rental assistance program that they have applied and appear on its face to qualify then I would look at it as a "gamble".

Sometimes we may see 5 homes at Sheriff Sale and want to bid on all 5 homes, the opening bid doesn't show up on the home right away and I find myself gambling on paying a Title company to do a search on all the homes and risk either them coming up to high for what we are willing to pay or possibly getting cancelled.

This is the plan that I get eager about, but it's also a big gamble in my opinion. 

If you don’t mention price point or area, or any metrics, then you’re essentially just gambling.  

I absolutely believe in Austin's long term growth but I won't go underwater in the short term in an equity gamble.  

He wrote one of the first books on the subject of predicting the market and buying for growth and stability, not as a gamble. 

They submit an offer, get it under contract, and gamble trying to sell it to someone else.  

Took the gamble and offered what worked for me.

If I had not won the case I would of lost money.that's crazy gambling there. :)  I've always wondered about HOA lines purchased at auction. if I follow you correctly, you bought the HOA line for $7600 and then plan on making $ off of the rent spread until the bank forecloses and then you have to give the house back to the bank?

The reality of today's marketplaceBuying a property subject to the existing mortgage loan is a risk versus reward gamble.