(Quit Claim Deed) That may be regarded by the IRS and Bankruptcy court as a Fraudulent Transfer.

Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?

there a a difference between "Investing" and " Gambling"....Sometimes its black and white.... sometimes its a gradient.I dont have a tolerance for gambling or loss.And I have a HUGE intolerance for business plans that include exit strategies of  Buy High and hope/wait for appreciation  or Bankruptcy, or Buy High sell Higher to a Newbie, the local grocery store, hardware store, xxx retail store ( you fill in the blanks)...

Otherwise, if you just keep BRRRRing it will eventually be BRRRR-B (bankruptcy).

I have an investor that had their tenant file bankruptcy right after move in, and caused a long delay getting them out-- no one could've known that would happen.

Texas bankruptcy is very lenient when it comes to homesteads and property.

Plenty of other circumstances where this might be needed....bankruptcy sales, tax valuation suits, probate disputes, sales in business breakups, Treasury department sales.Hope that makes sense.   

Derogatory items are:Negative tradelines: 8There are notes on some trades that have a remark of "Chap. 13 bankruptcy".

May be he is in such a situation to sell it badly at any cost to save foreclosure/bankruptcy? 

Quote from @Basit Siddiqi: 401K ProsHands-off - good for people who can't manage their own money.Grows tax deferred/Free(depending on if traditional or 401K)ConsCan't tough the money until you reach retirement age with penalties if you touch the money earlyLimitations of stock options depending on broker that your employer chose.Stock market returns is normally less than real estate Also 401k/IRA protected from lawsuits and bankruptcy.