Will it wreck you financially, less likely than trying to use a hard money loan to buy a place with no cash and a $50,000 rehab budget in a C class neighborhood. 

What if one of you is in a wreck or coma?  

All of them were TRAIN WRECKS! 

nicest person during the day, train wreck at night, drinking every single night and getting into fights with folk at bars. 

Without the security deposit, you end up with a filthy wrecked unit.I really like the approach of offering options. 1) pay the fee and leave 2) sublease and be 100% responsible for finding the new approved tenant and their performance for the remainder of the lease.

It's a wreck, a perfect match for someone to wholesale or rehab.

The house I looked at had the kitchen and bathrooms completely gutted, water damage and was a general wreck.

Disclose to the seller they still have the loan on their credit report and their credit will be wrecked if the buyer stops paying.

If you make a casual loan and you get killed in a car wreck your family is unsecured in the estate, they could lose thier money.

You could get a cheaper one but I'm tired of     staying in apartments where the sofa is so cheap that your back is wrecked after 2 minutes of sitting. - 3 used bed frames, IKEA MALM from craigslist.