Take the hit once instead of spreading it out over time.Hello,Can you elaborate on the bold part?

If the book was written in the mid 1980s or even 1990s then that may have been close to truth for that era but those statistics would have had to be recalcuated by now.

If you're just looking to invest $25k-$50k then you'll typically be in second lien position and you're statistically more likely to get completely wiped out in that position.

Sit back, make REI self-education a hobby, on the side, for free or the cost of a few books, and when you are well-capitalized, speak the language of REI fluently, and have a clear and compelling thesis for the type of deal that will meet your goals, set yourself up to act with a combination of boldness and conservatism that feels right for you.

I typically use about 8.3% (one month per year) -- this seems conservative, but I'd rather be conservative than get burned.Find a good PM in your area -- they should know the general statistics...

That's why I posted on the forum, hoping this wasn't uncommon and I wasn't a rare statistic.

@ShivaHighlight and memorize all of the Answers that are in Bold in your study manual ( in order for you too)  through First Tuesday or whatever course you have.These are the answers.

If you start looking into this subject you'll find plenty of lawyers promoting their services with all kinds of scary scenarios - found one claiming statistics that show 1 out of 4 persons will be sued in the next year.So, me too I'm looking for some real world examples of when you, or someone you personally know, has been sued and lost, and i don't mean lost 15k I'm talking real money, six/seven figures, the property itself, etc.

I am experiencing investors boldly and confidently grabbing the opportunity to renegotiate contracts to the sellers disadvantage in lieu of their uncertainty and somewhat desperation. 

Between the two majors I'd had learned everything from "Money and Banking 101" to Micro/Macro Economics and Statistics.