When you lose money every tenant will suffer.

Certainly a great story for your immigrant friend, and a testament to what a great nation we have.Unfortunately a California investor could just as easily end up with a non paying tenant who can't be legally evicted or even a seller who refuses to vacate after closing or any other myriad of horror stories that permeate California, and suffer a devastating loss on a first investment.

Otherwise, society as a whole suffers. 

I told them not to but they don't listen.home sold in 99 for 5 million.. and who knows what its worth now.My brother in Law bought a home in Los Altos hills at the bottom it also sold north of 2 million.. and he bought it for 1.2 million.so I suspect your rentals were east bay or lower price point and did not suffer as much as the high end.. the High end defiantly fell.My little bungalow I lived in in PA reached 499k I sold it for 425k in 92 to move to Silverado.. but I bought a home there that was sold new for 650k and I paid 450k for it.. so its all relative and that was in the day you could do an assumption..

Due to lack of link of face to number, victims are suffering over and over.B) Without any other details (literally zero details) can we not post just a picture of the scumbag?

It's a real risk.I don't suffer much from evictions these days.  

For example if you were to buy a str in Sarasota would it suffer from not being in Siesta Key since that is where the direct access to the ocean is?

The house suffered substantial water damage due to vandalism by the tenant in Q4 2018.

I’ve suffered from the eviction moratorium too- hence the government subsidized renter.

ARTICLE VIII - INDEMNIFICATION OF THE JOINT VENTURERS 8.01 The parties to this Agreement shall have no liability to the other for any loss suffered which arises out of any action or inaction if, in good faith, it is determined that such course of conduct was in the best interests of the Joint Venture and such course of conduct did not constitute negligence or misconduct.