And seems people get very defensive if speak to such. 

Contractually, I'm sure I'll be on the hook for something based on their PM favored literature, but can I contest that they have done absolutely nothing for me, including not paying me as my defense?

Available but not on demand.The Lowballer: Initially quotes a very low price but may later demand significant cost overruns.Be wary of contractors who become defensive when you ask detailed questions.Happy hunting!

Defense was just something like I just wanted to buy a part of San Francisco for cheap, I wasn't planning to do anything sinister.   

Since the sponsor presumably did not comply with the Regulation the sponsor has no reasonable defense, and the investor should receive a judgement entitling the, to recovery of their investment plus interest.

He can't be more lenient on cutting rates like the last three meetings, and now has to actually play defense by hanging tight or actually increasing. 

In my defense, it was so long ago, it's hard to remember. ;)

This is like having a defense attorney. 

I know a ton of investors how own over a 100 Sub to's and the last thing on their mind is the DOS clause because they know what they are doing and they are making sure every deal is done right.I have heard several horror stories over the years, but when it comes down to it, it is because the investor, original mortgage holder (seller) or secondary servicer (on a wrap) screwed up and did not communicate with someone, did not do their insurance correct, did not educate or disclose to the seller or did not make their mortgage payment on time.In this business the bests defense is a great offence.

I find land lording experience to be more work and stress than I would prefer with small kids, but that it is still a nice defensive portfolio position.