Many may not have known or understood what they were investing in. 

John, understood on selling an individual single family home via a conventional sale and a conventional bank loan.

And as my core commercial banks understood that I doing everything i could to protect them.

And all currencies will eventually go to zero, Warren Buffet was not the first one to say this.Once I understood this, I started looking at leverage in a totally different way.

Avoid premises liability exposure.  

"Evicting" squatters who were allowed to live on premises from prior complacent owner was interesting to say the least.

I felt she was really knowledgeable and understood my parameters.

Stop ignoring your own contradictions.And of the fires and fire restorations you've dealt with, Jim, how many involved total and absolute destruction of the premises?"

My friend said his client nearly bailed when she found unexpected wiring issues behind the kitchen walls..apparantly the seller hadn’t touched that electrical since the Reagan era..but with a patient electrician who understood the local code and a carpenter who improvised a shelving trick in the diningrom, they ended up selling above asking.Flipping and building can get tricky, especially once you start thinking bigger.

The basic premise is creating an LLC, opening a line of credit, even if small.