Now think from a seller's point of view.

Sure we are all bringing a little skin to the game (again we are saving 50% or 66% down payment for each of us as apposed if we did it separately) and we also bring different skills and points of view to help suppress failure through our agreed upon business plan. 

And if you need someone to view properties for you, take pictures, give me a shout.

Nayt the big bank giants generally view people as a grain of sand in a desert.

I have got quite a few people interested and wanting to schedule viewings and now the owner wants to sit in and intervene and be a part of the selling process and changing the amount he wants (not by much).

But something strange would happen that could best be described as a genuine exchange.

A lot of less experienced rehabbers seem to like more entry-level, working class neighborhoods around the city like Beechview, Brookline, West View, etc.

I viewed HOA insurance as something to protect the Association, not necessarily to reimburse homeowners for loss.

Michael, The horrible situation described in the think progress article should be covered under the legal concept of 'lack of foreseesbilty'.I believe the surviving party who's name is on the lease inform the landlord he cannot be held legally responsible for a random act an committed by a government agency who actions resulted in the death of a friend who's presence at the residence at the time could not have been reasonably predicted to have produced an outcome that would have normally resulted in damage to the property owners property. 

I think it is a case where there is no right or wrong answer across the board and each deal has to be viewed by its merits, returns, and how much is being lent compared to your own investment both time and money in the project.