The Federal Reserve and mutual fund managers collecting their percentages whether you win or lose scares me.

I am NOT an expert of any kind on direct marketing, but I've been involved in enough campaigns to offer this piece of advice: don't rely solely on the post cards.  

This was a WIN...WIN. 

I only have 2k in my savings account because I dump my extra on credit card balances and paying extra principal on other loans and put a little into savings.

I paid off $35k in credit card debt, $25k in high interest student loans, and bought a house in San Jose with 5% down. 

There is the risk that a smaller player like myself would have with going all in and not having the large reserves that one really should have to be in larger multis if/ when the economy tanks.There was a commercial guy that gave a very convincing scenario about buying units and how even under bad circumstances you would be ahead so the bigger players should win in the end.

who pays when we dont pay our credit card bills or the dr.?  

We had about $20k in cash, a $25k personal bank loan at 6.25% and planned to put anything additional on 0% interest for 12 months credit cards that we would pay back with the rental income after construction was completed.

I talked to them over the week end and the most they would tell me is they are a Delaware company, didn't share their corporate name, but they certainly wanted a lot of information from me, such as bank statements, copy of social security card, and a lot of other stuff that I just don't feel comfortable in giving out to anyone that I don't have any kind of relationship with.

Other Tenant in the property has a past doctors description of their severe allergic reaction to pets( hence why they moved into a no pets policy building). who wins?