Not worried about it, and the FDIC is there if something goes bad. in actually a little worried for you, if you have millions in rent collection per month, so you have sufficient FDIC coverage?

I'm states where e&o is required, it may actually then end up disqualifying you from having a license then.

Educate yourself and prepare for the worst-case scenario before the problem actually occurs.Here's a resource: https://www.kickemoutquick.com/MEMPHIS_TENNESSEE_EVICTION_PR...Read up on that, understand it, and then start taking action.

We business partner and I started at the end of 2018, began with Drive 4 Dollars looking for distressed properties with potential and we actually found an owner who was very interested in our first drive - that deal was our first ever and only ever started on October 2019...a lot of back and forth, a death and renegotiation took place over period.

At least they’ve given up selling the LLC as asset protection but I don’t think it does much better for privacy from anyone that actually cares to find out. 

I work remote, and also play with the thought of getting a piece of land to live in a built up container as a house.

i would try to get a few LOCAL, COMMERCIAL agents on the phone and ask their opinions on the going cap rate for c class multifamily in the area, and the actual vacancy rate they're seeing.

If you have losses that high then it is worth your money to hire a CPA to prepare your tax return.They are paper losses not actual losses in the bank.What will be an example of passive income that is not real estate rentals.I'm assuming that capital gain from stocks is not included and can't be used to offset real estate losses even though they are passive income?

@Phillip Vaughan you could do an actual mortgage + note.

Foreclosure is when the sale actually occurs.