If you build a buyer's list and you send them deals where the repair costs aren't close, you will lose them.

The WORST result for you would be losing your EMD which is exactly what happens if you don’t go to court.

The original poster was talking about a $1M investment to get there which I would say that if someone invested $1M expecting that return 999/1000 times they would lose their entire investment (and that might be generous if it's a 1 in 1000)

I would love to make a move before the end of the year and so I keep trying to decide which of the following is best for me:1) Buy 1 more expensive CA property near here, and thus a better tenant (less likely to cause issues), but lose a little bit of money every month due to the current numbers, while hoping for future appreciation? 

@Aleksandra DrovalI'm not sure what statistics you're looking at but everything I've read and heard shows exactly te opposite, that hotels are losing to Airbnb precisely because of the experience.

If the deal collapses and I would lose everything, I'm out.

The program stipulates that you MUST stay in the home 5 years or you lose a pro rated portion of that 8k.

if you try a flip, you could break even or even lose money. 

As a neighbor, personally I don't care if someone smoke a little weed every now and then, but if they are smoking non stop 25 times a day, you might lose a good tenant over that. 

However, if the market turns, it could add pressure and cause you to lose your primary residence.5.