The only real question is whether we're prepared to survive and even thrive during those tough times.Mike

I believe Keenleland will survive, but as to Faith Landing - I'd run (my brother-in-law already has).

it survives hail much better than a "30 year" roof, which is only good until the next hail storm.

You put your time and money into them so that they may carry on and survive, not that they will come and pay you back for diapers you purchased for them.

The other big problem is the parent company had not thought it through as to how THEY were going to survive without new members' one time fees.

So, to say that they would profit on appreciation is completely baseless, since they didn't survive long enough to enjoy the appreciation.In addition, being successful buying for appreciation (speculating) depends on the timing of your sale.

In this business it is survival of the fittest. 8)

The beautiful thing about the rental business is that it's survival of the fittest.

Sometimes I wonder if we wouldn't be better served if we just went with a survival of the fittest concept.Yes there are some fast talkers out there that swindled people into bad loans, etc, but in the end, the borrower signed the documents.

Here in Ohio, the idiots in the state legislature are working on a bill that would allow leases to survive a foreclosure (provided the tenants keep paying rent).