It's also good to consider if the state you are investing in provides protection again insurance company insolvency, to be safe, in case they go bankrupt (like AIG, for example).3) Desire to manage a fund first, as opposed to a specific deal -  perhaps not as common, but I've encountered those who are more interested in starting a fund and deploying capital when the appropriate deal is available instead of sponsoring on a "deal by deal" basis.

The person who did the webinar happens to be a marketer, however, he does have a great story about failure and success he shared when he went bankrupt and made many mistakes that was helpful to me and getting me to consider hire out some of my tasks because I am extremely overwhelmed with everything I need to do to be a REI and a full time mom and homeschooler.

The company he bought them through went bankrupt and he had property managers that were not good either.

Rentals have recourse, home loans may not.2)Basically, it sounds like you are bankrupt.

Friends break up, people die, they go bankrupt, they get sued and they become incapacitated with estates being forced into adminstration by others or the state.

This ratio has EXPLODED over the past few yrs as states go bankrupt, municipalities fail, foodstamps go from 30mm to 48mm in 2yrs, and the country bleeds unrecoverable jobs.This is a combination no one has seen and historic economic views on deficit running do not apply.

Who gets to deduct the depreciation (I think you can also split this 50/50 if you want)What if one of you goes bankrupt?

They also will truly cash flow and not just break even and hope for appreciation.The best way to avoid default is to buy good deals...I would honestly rather default and go bankrupt with a bank than default on innocent individuals.

Even then, the ratings agencies were well behind the wheel on downgrading the debt of the big players who held a lot of the debt (AIG, Merrill, Citi, etc) I read that Countrywide went bankrupt after never reporting a quarterly loss during the crisis!

The HOA is $100 per month but I haven't checked their books to see if their bankrupt or anything.