Then about 2 years later they started getting behind on our mortgage, then we found out they were behind in the first mortgage as well...long story short, we had to foreclose on the note we held and pay the first to keep them from foreclosing a senior lien first...the day of the sale at auction, we were served with a notice that they had filed for bankruptcy, which stayed the sale and the auction was voided.After getting an education in foreclosure, I now had to learn about bankruptcy.Since we were now living in another state, we had an attorney handling it all - I was never comfortable leaving things to other people, especially when we had a lot to lose.

Once you go on title you lose the inheritance step up.3. 

Still managed to almost lose my hat on the deal just finishing out flooring and a few trim items.  

I'm still learning how to analyze properties and I won't be bummed if I lose this property....it needs a bit of cash put into it.

Sure, the lawyer wants to sue everyone so he can make money win, lose, or draw.

I think there good and bad people in S8 and non S8.The issue is you have to deal w/ the government, which is (of course) slow.and the market rent tends to be less.I have heard that, since this is an entitlement program, that you will have drama. again, comes down to screening.I would think S8 tenants would want to do good as they fear they can lose their voucher.

Most would lose money after a 6 month condo oops.  

.- Wall Street lost their **** for two weeks ("volatility" is what the economists call it when Wall Street loses it's ****), 30 year fixed mortgage rates went up, down, sideways, did a back flip, and went all over the place.

Just two weeks ago the director of the coffee shop, Lisa, let us know another employee was losing his housing just as we're finishing this rehab so he moves in Friday.

You will lose money for 15 years at least...not good.