Let there be some layoffs at one of the mines and it gets hard to rent. 

The only thing that concerns me is the layoffs.

So they gave out a ton of pink slips and have had a massive layoff.

haha Instead I picked up some more books and bought a REIT and some Cannabis stocks via Robinhood.  

Must be nice being robin hood.

Two weeks later, I met with my new employer and learned our company had a less than profitable year and was beggining to lay off employees.

High tech layoffs just start here. 

I just read a post the other day of a couple where one was going to do a year of voluntary layoff so that their income would be low enough to use up those suspended losses. 

Folks think I'd raise prices or lay off one employee.

Unless the business has readily salable easily repossessed assets that are valued for quick sale in excess of the loan amount, and those assets have not been pledged via a UCC filing to trade accounts or other liabilities, you're banking on the continuity and profitability of the business itself.Small businesses are notoriously difficult to evaluate since the quality of their accounting varies widely; the key personnel play such a key role; their market position can be devastated by the emergence of a key competitor, the loss of a key account, or the exodus of a key employee.That is why companies that buy receivables from small businesses target returns of 36% plus, and often the risk is so great they layoff some of the risk by partnering.