I couldn't fathom this idea until as I was reading these comments with my wife and she reminded me of my art projects I have kept from college in boxes in our basement... oops.Account Closed Thanks for the reality check!

It's a good reminder to any novice landlord that Seattle is a severe danger zone, even for a seasoned investor, more so for a beginner.

@Ken M.I invest in non performing notes and This reminds me of one time an investor bought some loans from a bankA guru heard about it, interviewed them and created this whole training around doing this and charged people $300 to call the banks for him alleging he would let them buy the assets.

@Ryan Tonguejust a reminder that the goal of house hacking isn't to cash flow. 

Thanks for sharing.Its a great reminder to treat it like a business, have processes in place and to follow them at all times.

I don't want to come off like an a&*-hole but also want to remind him of his agent obligation to both myself as the buyer and to the seller. 3.

You provided a great reminder of how things are supposed to work in life.

It's a really good reminder to not over leverage.

Just a reminder for those who post after this to keep it friendly, nonpolitical, and on topic as related to real estate.

If it’s a life and death situation and we have no choice, it is what it is.But there is no renovation that would make me risk my life or an employees life. this reminds me of my days in Detroit when I first starting lending on turnkey C D assets in Detroit south of 8 mile.PM's office  had razor wire around parking lot  bullet proof glass in front of office and a bank teller slider for dropping off rent etc.when we went in through the back there was a gun rack with the pistols for the employees to check out when they went into the wild.At the actual job sites were the homes were being renovated they had retired policemen checking ID's of any workers coming in that were not employees.. the owner of the company told me most of the theft is by the workers knowing the combo and what had just been installed.It was an eye opener in these areas and how folks that live there get through life with these situations that were totally foreign to me a kid from Cupertino CA.