I can't tell you how many people I've seen max out their budget and destroy their savings just so they could have the experience of owning their own home. 

I have had several friends get destroyed when they made extra payments on their mortgage and then something happened (Like Job Loss or illness) and they were cash poor.

Although many ignore the regulations and just rent their properties as nightly rentals, I've seen some horror stories here of guys getting the book thrown at them and fines that destroy all financial upside. 

Iraq was only one of the "Axis of evil" that we were going to war against, and that destruction of their ability to assist the terrorists was destroyed, and therefore won and over.

I'd much rather park my cash in a 2% cash flowing property in Manhattan than in a 2% yield treasury bond that has a 10% chance of default (which would cause interest rates to shoot up and destroy the value of that bond anyways).

But, sometimes, in business and in life you go with a gut feeling, and it pans out or it doesn't, either way on this one, it won't destroy me, its an upside. 

I can take everything out right then (can't keep or destroy but I can hold it until rent is caught up), I can change the locks, and the Sheriff places a notice that it is illegal to enter the property.

I dont see the corona virus situation going away and economies being destroyed as long as trump is in office. 

They do disclose, nothing specific, but they do an all encompassing disclosure which essentially say the buyer is aware that there could be all kinds of issues with plumbing, electrical, structural, wood destroying organisms, foundation, roof, from the soil it sits on to the air above it and everything in between, liens, outstanding permits, encroachment disputes, negative energy signature from a family killed in 1832 etc etc etc and the seller signs those universal disclosures saying they are aware of all that and are assuming those risks and they will not hold the lender responsible for anything and are walking into the deal with their eyes wide open.My first REO deal I had a RE attorney looked through those and they are fairly air tight.

So long as they are paying rent and not destroying the property or burying bodies in the basement, my house is THEIR home. [ y'all got any of those brownies left?]