That ruined any chance of cash flow. 

Slumlords who ruin a neighborhood and ***** about the police.

I think its going to ruin a friendship or a marriage before it's all said and done.  

I'm getting vacancies soon of the lowlife and section 8 in 2 of those units, but I'm still unsure about simply putting down more carpet to get ruined.

His model is alive and well and will continue to ruin investors. there is no way it cant even if they rehabbed the homes you simply cannot buy the cheapest ghetto homes and expect solid returns.. and your running a high % chance of losing significant money.. your asset is only worth what they paid for it after its been trashed a few times.. 5 to 15k max just what they paid for it from the local wholesaler community.  

If the tenant causes a flood, I don't care if their personal property gets ruined.

I poked my finger through the drywall and water shot out about four feet and got her wet.All of her possessions were ruined and she had no insurance.

The last thing you want to do is ruin a relationship that is important to you over business.

I like this site because it is on I-10 and 101, two transportation corridors, not far from I-17, two big hospitals, cancer center, Ak-chin Pavilion, Phoenix Raceway, Luke Air Force Base, Camelback Ranch spring training, 6 miles south of Westgate Entertainment District (high rates and year round demand), and no comparable competitors. 

By this calculation alone, I would love to see wife and parents reply of the financials.It is often said that good family relationships are often ruined through business dealings so without being emotional, try using this simple math approach and then put the ball in their court to explain how it makes financial sense.