@Kevin Sobilo I think there is a long shot chance he could try to sue after, but I think it would be time consuming and expensive to pursue, and the chance of winning slim. 

Side note; $10K rehab is pretty slim.

Chances of recouping any money are very slim and will only upset the pm.

But if that makes the margins really slim, it's probably not that great a deal.  

I do plan to continue acquiring properties in Pueblo now that I'm overseas and am also researching markets in Ohio as well.It would be hard to go out-of-state on your first rental, but I don't want you to get into C-class properties where the margins are too slim.

chances of a melt down are slim but you never know for sure.Keep in mind too that the US has a 17 trillion deficit,  50k per citizen, 152k per taxpayer.Debt ClockThe easiest way for politicians to get out of this hole is going to be inflation, don't count on them increasing taxes that much or cutting spending by that amount.  

Of course would love to invest in WA but the pickings are slim (to my limited knowledge).

Ideally, I was planning to buy a multi-family out in Austin, but they are slim to come by in my price range.

@Elenis CamargoYes, our property managers will send our judgements to collectors but the chances of getting paid is very, very slim; especially in C class and forget about it in D class.

However, your chance of collecting is very slim as Texas does not allow garnishment of wages and the list of exempt property is long