When the numbers are to tight, one large repair could wipe out your cashflow for years to come. 

You never know what you're getting, the serial numbers are often wiped and they seem to break down more often.

A second piece, that you have prob heard, is that the 2009 crisis wiped out a great number of builders financially. 

That would be great for retireing baby boomers ie snowbirds.

I bought what I could, financed what I could without getting overleveraged, raised private money, did a lot of BRRRR's, some lease options, some flips, built new construction, also got divorced, which wiped me out, but I found a way to keep going. 

The Judicial (Free & Clear) Sale wipes MOST but not all liens and encumbrances away.

Plant opens in 2028 wait 6 more years and sell and wipe out your capital gains.  

@Paul BarberAs mentioned ejectment shouldn’t be impacted but your judgment will probably get wiped

This expansion is being driven by the growing need for senior housing in the state, particularly to accommodate the Baby Boomer generation.

But even the staunchest buy and holder has to realize that one roof can wipe out years of income.   2.