If we are purchasing properties when the market is a highly appreciated seller’s market, we need to realize we may be in DUMB DEBT and should be prepared for the risk of suffering the consequences if and when the economy turns for the worst and goes into a recession as this will likely cause values to drop.

It blew my mind but I suppose you get used to what's considered "normal".Having actually lived in Hollywood, West Hollywood and downtown LA, your comment about the sexual nature of the assault you suffered isn't typically seen in homeless communities.

This is becoming all too familiar, and yet I'm extraordinarily lucky that I suffered no direct fire loss in any of these.In both of these fires, hydrants didn't work. 

This amount represents a reasonable estimate of the actual damages the owner may suffer due to delay, and the contractor agrees that this sum is not a penalty."

Better for the bank to Foreclose right off the neg am and cash out at auction then suffer through 30 yrs of 2-3% while they are paying 5-6% to borrow. 

If I suffered considerable loss of the principal amount, then I would be more motivated to make the effort.Some people are ok with arbitration as the method of resolving disputes, but some find waiving their right to go to court when things go wrong offputting.For MLS transactions, can licensed realtors and brokers be absolved of legal responsibilities, professional duties, and liability for misrepresentations made in conjunction with the sale of residential real estate by language contained in contracts?

From my view, neither property type (with the right features) suffers from the same potential downside appraisal risk as converting SFR or duplex.  

Will you not renew them and suffer all of the vacancy/turnover costs?

Not sure if this has worked through but a winery that has been long on the market might be suffering from poor practices by the viticulturalist.

I enjoy helping investors and other BP members avoid this very thing you just suffered.