If you get hit with an 8 or 9 you’re going to lose $10,000 or more, not $3-$6k. 

Despite the risk of losing their Section 8 status, tenants rarely pay their share.There is likely to be significant damage caused by Section 8 tenants.

you lose all ability to be hands on and add value. 

The money you invest needs to be money that you don't need back for at least five years, and to put it bluntly, you can afford to lose it all in the (hopefully unlikely) event that the investment fails. 

Perhaps that’s changed but it was enough to make me lose interest in ever trying again.  

Are you only referring to damages in excess of the deposit?

Especially after reading all the horror stories on BP of sponsors not really ready for prime time getting in trouble with cash calls or losing the investment entirely. 8.

They stated that they were not a lawyer so they couldn't comment on the legalities of my question and they still worked for the bank so they couldn't give me any more info without losing their job but assured me that I was on the right track, keeping asking these questions and don't stop until you find your answer. 

Does sound like a great way to get sued and lose though.I get where your coming from on that.

Hi Kyle, 1500-2000 is excessive.