And, sorry @Andrew Hogan, I have to disagree that 506(c) are higher quality than 506(b).  506(c) only became available in 2013, so there are many, many long time, proven operators that never made the transition to 506(c), simply because they didn't need to.  

I completely disagree with @Rob K. if you like risk and are willing to risk loosing your investment, hard work and legacy, sure don't care about AP and not think about safeguarding it. sounds like a wonderful and well thought-out investment strategy. 

Alan Ceshker is a closing attorney that does wraps.https://www.biggerpockets.com/users/ta37I might disagree with the concept, but I still believe in free will for people who want to choose their destiny.

I don't disagree but this is the problem with agents.

I totally follow your train of thought and don't entirely disagree.

I'm going to respectfully disagree with some of the advice in this thread.Ensuring that the occupants are caught up on bills tied to the house is silly because they're under no legal obligation to the new owner to be caught up on bills.

@Nathan Gesner Disagree with this post as I’ve bought several properties with existing tenants that I’ve significantly increased the rent on and had no problems.

I will be the one that disagrees - in part.

People still tell me I should never touch my retirement account $ to buy RE, but I disagree.

Hi.. in some ways I don't disagree, however for me it really depends on the type of lead.