Business and friendship often don’t mix for many reasons—for instance, it can be very difficult to enforce lease terms (like late payment fees or deposit retentions) with a friend… and if you do enforce those lease terms, it can easily destroy the friendship.

Of course there are other factors such as age... if it was constructed with clay or cast iron tile then most likely tree roots have destroyed it, vacant or not.

My understanding is that will or can destroy your account. 

One destroyed the futon in the master coffee bar area.

Water came in through the cabinets for 10-15 minutes and it destroyed the microwave and the controller on the boiler.

Purchase price $53K cash, used LLC - Lesson learned with buying cash...killed my liquidity- 11 months in ownership the tenant destroyed the property, stole all the appliances and even stole the interior door, then locked me out of the property.- A year later I built up money for rehab (cash + busn credit card) - $30K - rehabbed the entire house, except the roof, windows and doors.- Property now rented for $1000 per mth- Current Value Estimates: Redfin - $114K, Trulia - $113K, Zillow: $113K; still doing research on comps because the area is hit and miss so last I saw was a projected $100K***************************************************************************************************************************- Navy Federal Credit Union say they can do 65% of original purchase price in cash out refinance - $34K- Hard-money lender offered $30K at 9.9% for 6 months as rehab loan, which I'd use to replace roof, windows, doors, and cutdown at few trees;  then cashout refi for 50% of the appraised value between 6 and 9 % depending on personal credit.

Over the many years, I've seen these things destroy a lot of people.IMO for a short time they provide happy days, but inside them is the shark that will "come a callin' ".As a very conservative investor, these are not on my Swiss Army Knife, but I recognize the Risk/Reward situations they are used for.

After a recent fire that destroyed one of my park-owned homes, I am determined to sell them all.I bought this community for $694,000 with 8 park-owned homes and two single-family homes.

It really depends - sometimes with foreclosures, the owners are so upset they're losing their home, they will start destroying it.

I'm a bit hesitant because sports have destroyed my body haha.