Or in other words, you need better deals - you need to get a house at a very good price, probably 50% of ARV (which I don't know how you can do it in current market, maybe in your area is possible) and in fairly good shape (if it's priced 50% ARV because it's a wreck, you don't want to it, it's going to be a money pit for you).Which means you need a light rehab as your first deal, something cosmetic (paint & flooring).

I also know it will wreck my credit for a couple years, stay on my report 10 years, and will cause me to check “Yes” on applications asking whether I’ve ever declared bankruptcy the rest of my life.

But I'm smart enough to do a course correction when I see a train wreck coming.

They could have been DUIs, does this make him a bad tenant, not necessarily but he could get fired tomorrow for wrecking his company car and refusing a breathalyzer on the scene.

Would this clause apply of you had a car wreck, were upside down on your car loan, and the pay off out off depleted your cash....I think not.

Will you wreck your car if you drive long enough?

The odds of having a wreck may be the same for a professional mountain-biker and for an astronaut.

While they didn’t wreck the place, and paid their rent on time, they had no respect for the ‘quiet enjoyment’ clause of the lease, and immediately began attracting complaints from the neighbors.

It's a thin sheet of plastic glued over a train wreck and hiding more issues than most can imagine.

Literally when I got involved we were able to sell 3 for a profit after tons of work and the others are a wreck.