you are simply buying the property with all liens attached ,without a title search and a inspection of the property you are taking a big gamble 

Now is the time to shore up your position, not gamble your future.Investing from a position of financial strength is much safer, but risk tolerance is an individual choice.

Why gamble and hope for future appreciation.

“He’s paid me every month, and he’s done everything he said he’d do,” Fletcher said at the hearing in defense of the developer.LIENS AGAINST THE DEVELOPERA graduate of Wofford College, Cheves began in the video poker business and later branched into riverboat gambling and other gaming ventures, the Observer previously reported.He is now managing partner of Skyboat Gaming, described on its website as “a Native American venture.”In a 2014 Observer interview, Cheves said he has broad gaming experience and had worked with other tribes.Court records showed two of his companies paid large judgments, the Observer reported.

Yet the one that was $61,xxx the bank only bid to $50,xxx at the trustee sale even though BOA wouldn't negotiate at all off the $96,xxx number they gave as payoff before so I always feel it's just a gamble as to if you can make a deal with owner or not.

It also sounds more like gambling than it does investing. 

In my opinion, it is a gamble to buy non-warrantable condos and hoping they will some day double in value when they become warrantable.

But if I were a gambling man i would lay my money on that end, as opposed to the other end.

I think Portugal may be winding it down though. the Italian program is something like 7% flat tax on offshore income if you live in a small town in south or Islands.

@Matt Hangsleben you need to build your cash position because if we have a slow down and you are paying a mortgage shortfall due to falling rents you are gambling with your families future.