Sovereign debt defaults, high inflation and currency crashes are bad enough when it happens to small emerging markets.That leads to bank runs,higher inflation, exploding unemployment and widespread political and social unrest.

If you currently are insolvent, you could try filing bankruptcy instead of going through forelcosure especially if you have outstanding credit card debt, medical bills, personal loans, etc.

They overlook student loans, medical bills, etc.

It's in a great area, and i'm trying to get ALL the pieces of the puzzle together (mortgage, insurance, down payment, utility costs, emergency fund, profit, etc), then sit down and form a conclusion if it's a smart investment before any money is laid out.

Doing a longer term contract if they are in poor health because they may need to liquidate future amounts for medical benefits to qualify for medical assistance, so they win.

Just not do the work myself.The problem is because of the illness I have 100K in bad personal debt and 250K in medical bills.

"Well, I don't check for medical bill collections or cell phone bill."

Jeffrey, if you are going to make the jump to commercial, really make the jump: shopping center, medical building, office building, retail stores, storage building.Get away from the residential tenants.

I haven't been actively updating it since the emergence of the little cashflow deals I've been doing.

But what I did have, what I found was a distressed commercial medical office complex.