I'ts a real life game of "not it"..only with incompetent professionals, and I use that term loosely.

I doubt you would loose your house.

Age plays a part here too, if your forty and loose a few thousand, you can absorb the loss and go on.  

Unless the value is in the dirt and location , I won't loose any sleep over it. 

Another downside is you loose on the advantages, of the Federal Tax Code, by not closing in the name of a LLC.

I've worked with a couple in the passed but it seems when I explain my goals they loose interest in me.

The cost of damage is something I will front to get it rehabbed and rented in about two weeks as to not loose too much money but it's good to know they will get me money back.

Both tenants were very nice, but as we were done and standing by our cars, one of the tenants came out and told the then owner that her toilet seat was loose (these are in low-income areas).The previous owner then made a comment that he's gotta fix her toilet seat, but has to chase her rent check most months (something along those lines).

Great fun... other than the loosing sleep and money part.Keep us updated

The tenant also said they smelled sewage when it was acting up, and I noticed the bottom of the toilet was wet, and the toilet is loose so obviously it needs to be bolted down more, should I replace the wax ring?