Just in the past four month I've seen new townhomes being built and 13 luxury homes right down the road from me are breaking ground.

Not just any port-a-potties, there are luxury ones like this:https://www.viprestrooms.com/porta-potty-rental-for-weddings/

The luxury vinyl tile in a stone look is pretty, neutral and looks durable but after having removed sheet vinyl I don't like glue down anything--but tiles should be okay.  

Much like all of you, while I do perform my due diligence on the front end, I just don't have luxury of time to be vetting out 20+ HML's and other lending sources, which require me to take time away from the profitable/time-consuming facets to our business.  

In my state the landlord is liable to provide lodging in the event of a catastrophic loss.

We all know if a luxury property is resold a $100,000 amount may be a drop in the bucket.

I haven't heard much lately about using Marco Kozlowski's strategy of "flipping" luxury homes.

As you may already know, the luxury home market isn't as greatly effected with the sub-prime mortgage meltdown, as most of the buyers of luxury homes have the necessary capital to purchase.In addition, with the strength of the euro and the pound against the US dollar, now is a great time for the British and others from abroad to invest in US luxury homes.There are many other reasons to explore opportunities in this market too!

My industry is stupid and acts like FICO scores are everything, but you don't have to be as stupid as we are compelled tobe.Look at the story the credit report tells you: Are they in the low 600s because of an unexpected medical thing that trashed their ability to fulfill their financial obligations forcing them to sell their home so they could get right with their creditors after several missed/late payments, or because of ridiculous and irresponsible luxury car payment that led to a repossession and them selling their home rather than face foreclosure? 

Decided to do a fully furnished luxury rental on this one.