A processing fee to equal to the total fine (including fees, penalties and any other charges) will also be taken out to compensate the landlord for handling.Keys, Garage/Gate Remotes: If Tenants or their guests break, lose, damage, or lock themselves out pertaining to keys, garage or gate remotes than the tenants are responsible for any cost replacement, locksmith or other cost to rectify the situation.

I live in New York City and recently got a full time job to support myself but I don't want to lose track of what I really want to do.

As a buyer, you might have less to lose than as an owner.

The mid 90's I was losing $100k per year.

@Chris McDaniel  depends how much money you have it could be a small risk and if you lose 10 or 15 K when a bank fubars you so what.. just the cost of doing business.although really what is this guy saving if they are low value assets he is only saving what 30 to 90 days at most of interest carry tax and insurance that s what 2 to 3k maybe.

It doesn't look like you will be able to refinance in the near future so the scenario may look like this:  (Lose-Lose, his name is on a loan for a property that he doesn't have the deed to and you are morally and financially responsible for a property that may not be cash flowing very well). 

Not that I would do that as I would be losing gains on my money in my 401k.  

The biggest fear is that taking action will lose money and possibly your credit standing. 

Historically hotel restaurants lose money in this space.  

The authors put a lot of emphasis on keeping track of your net worth.