I recently attended the IMN note conference last month and a panel of fairly large fund managers agreed that there is at least 5 and probably 10 years of distressed debt liquidation in store for us investors, so my partners and I are taking advantage of the opportunity while this window is open.

Running criminal background is an absolute must.A $12 criminal background check might have kept this killer out.I am going to point out, in the landlord's defense that it is possible that he didn't rent to this tenant.

The best defense is to bombard EPA with complaints.

When I told her it didn't work like that, she got defensive and snotty.

What I tell people is; whether you spend $15 on one book, $800 on a conference, or 1 hour of time on a podcast, just expect to get one piece of information that you can really put into use.

If I don’t get a redeployment date before the conference I will ask my command for leave so I can attend.

http://www.biggerpockets.com/conference/conference-schedule/

Cash flow is your defense against losing the property.

@J Scott  One thing about unsecured notes.. that many gloss over.. is there is no defense to default you can move against them Post Haste get a judgment and tie up any and all assets.. actually to a well to do borrower they are in many ways better than a first charge lien. ( just threw some Aussie in there to spice things up) ...

Doing this properly so that you have a defensible position is incredibly expensive.