Doesn't walking away from an investment property destroy one's credit just like jingle-mailing your primary residence?

Water is the devil to homes by destroying anything from foundations to framing to subfloors

One thing I would suggest is that this whole thing of a tenant "destroying" a home is not really as frequent as you would think.I've been doing this for about 10 years now and I currently have 66 homes.

I realize that there is a cut off time for new purchases before a storm but if let's say you get in before that, close the deal, but the hurricane destroys the property before the deed and mortgage get recorded in the public records, then who is on the hood for the damage?

My biggest concern is buying a property that loses value after I purchase it and tenants that are inconsistent, that destroy the units, or that are litigious.

In highly leveraged deals this could destroy the liquidity of the deal. 

Scenario #2:  A family facing a foreclosure in a few short months, has the decision to sell their property sub 2, to save their credit, or destroy their credit by allowing the foreclosure to proceed.

This event would have destroyed a lot of areas, TX & Houston will recover from this and emerge stronger than before.

First few lots toward an entrance may be sold at cost, sometimes less to generate activity in the subdivision.The HOA, gosh I'd destroy that if possible, I dislike HOAs, but in some areas it is a plus.

You know, you marry the wrong person and it just destroys you."