I read this section over and over as it gave at least a road map to how the domino's fell the last time we had this collection of challengesSecond Ray was big on the following process: Set and Execute on Audacious Goals, Fail, Learning Principles, Improve, More Audacious Goals ... cycle continuesIn the end a great read and again I find it so sad that I had not heard of Bridgewater or Ray Dalio before I picked up his book.Z

I have a friend who fell 2 and 1/2 stories onto a pile of sand putting on his metal roof .  

The bigger the discount the bigger the risk but I have performing assets in my portfolio with a unpaid balance of $20,000 and property is worth $60k, even if pricing fell 50% I still have my investment covered if the borrower were to default.

I had several vacant lots that I couldn't build on because the bottom fell out of the market in 2008.

It is zoned as a single family and it was previously under contract before it fell through because the appraisal did not go through for a conventIonal loan since it is split up as a duplex.

Some of my properties were insured and after hurricane Irma and a few close calls with tenants threatening to sue, I decided that I needed asset protection and began looking at Anderson advisors and Companies Incorporated for advice and strategies to protect current assets and avoid losing substantial portion of the inherited trust due to a tenant threatening to sue because a cabinet fell on her.  

Well, said tiki torch fell over and caught the fence on fire.Luckily our old neighbor was woken up by the burning of the fence and was able to douse out the fire with a water hose.Between the burned planters and the burned fence. 

that way any damages are covered.I once had a pre-foreclosure on short sale contract (fell through), so I had been inside, and knew about the flooded basement and mold.  

When I tried to extract it, all I got was a ring of plastic from the top as the rest fell inside!

I am a newbie interested in getting my rental portfolio started but I have been encouraged to start with wholesaling to build capital, with that being said an opportunity fell in my lap (potential first deal) but its 3 hrs away (Edison, GA) I have researched the area and it appears there is not much activity.