Seems like Illinois doesn't go into much detail (other than the pages of names of sex offenders) in their disciplinary reports on why licensed individuals lost their licenses.

I have lost money on $100K homes and made $30K on $100K condos...and it could be vice versa, no general rules.

900 doesn't seem like much of a deposit compared to damage they can do to the unit and lost rent over time if you have to evict and repair.

Everything has a certain degree of risk.The difference is the millionaires and billionaires take the most calculated risks possible and win more times than they lose.You cannot eliminate the risk only make it smaller.I agree on cash flow.Never pay based on POTENTIAL or PROJECTIONS.I can show you many developers that lost their shirts because they predicted x,y,z would happen when they built out their projects.In appreciation games it's a crap shoot.Some win and many you never hear about lose.Nobody wants to brag when they lose everything yet those are some of the most valuable stories to tell.I would also say with cash flow to watch out for CURRENT NUMBERS.

When I was 20 years old, I was in San Francisco at the peak of the .com bubble, I put all money into tech stocks like everyone else and lost my shirt.

Problem: prop operating statements for 07 and 08 lost with prev owner.

I agree with Mike and Lucia.First, you've lost control.

Some interesting sites, while I've lost them in my favorites, were simply found by searching for my area of interest, unique vacation homes, log homes, solar homes, etc.

Listening to non-licensed , non-practicing wanna-bes can get you into some serious trouble, or at least some serious losses, tax or otherwise, as well as lost oppurtunity.

When I leave educational institutionalism, will I be successful or forever lost?