If it falls through, we'd be interested in something near Fort Rucker.I'm always happy to look though!

There was a podcast episode that discussed having an income to fall back on in case things don’t work out (there will be some Ls along the way — all part of the journey.) 

I have saved many fall out deals from reputable lenders that I use on a day to day basis, It's just the client is not very familiar with the lender's process/ guidelines and/or the rep was being very unethical (bait and switch.. etc..).

I think there is less compliance issues, with a house the city is always sending you bs letters that you have to comply with. or a pipe bursting or someone falling in the parking. the hoa takes care of all these and takes these risks for you.I get the asteroid thing, just because there are drunk drivers out there you can't sit at home and be afraid to drive, I get all that, but these nasty lawyers will gladly gladly gladly destroy your life over the silliest thing. 

However, I do not expect the refi appraisal to be 30% low, maybe 10% low.Did the market price fall or were the comps used by RE agent not good comps.  

You don't want to get stuck with negative cash-flow because you can't find another care facility tenant to rent it.Also, probably want to check with your insurance provider and see if all those tenants who are likely to fall and break a hip are going to be an issue for them, and look into the legality of what happens in the care facility owner dies and you're stuck with 5-8 tenants in the home with no one to care for them and no living descendants.

The "immigrant mentality" beats the heck out of the "victim mentality"!

Backup Plans: If the original plan falls through, have alternatives ready (such as switching from a flip to a rental).12.

A lot of people want to buy out of state to chase cash flows and get really excited when they see the returns, but they fail to really get to know an area.Classifications of A,B,C or D are really opinion based, but if you speak to professionals who really know what they are doing, they will generally agree across the board on what area falls into what class. 

You get a little swing in spring and fall per usual but a good deal is a good deal