. =================== Dirty Trick #1 “Stack It with Felons” Some Sellers, typically those in desperate straits, will polish the performance numbers on their property by lowering their tenant screening standards.

Rotted wood on roof, "I think this is siding" and is in dire need of landscaping. 

The consequences of not doing it are dire for a lot of landlords and it’s a domino effect from there.

While some may argue that a recession can have some dire consequences, recessions also create opportunity.

I realize that you have a big car payment, but you can always go back to pull the money if things get dire for you, but you can't put it back. 

For a strait forward LLC, I would do it online and use a service rather then State website.

You mentioned how you buy houses and go strait to the listing agent... do you offer the asking price or do you negotiate pretty hard?  

  - I anticipate the physical houses or assets will be strait garbage based on national builder's track records and standard quality control.

On doing the best you can to prep for such a scenario: I am actually against too much leverage; for having a small mutliplex (e.e.g, with a sf one vacancy is 100% vacancy, but only 25% with fourplex); I am pro reserves, of course, to extent possible; and also pro diversification, with other assets, too (though some dire economic conditions could sink all boats, from international stocks to commodities).....

I think its interesting how the extreme dire pessimistic forecasts and predictions become self fulfillng prophesies .Nobody is totally aware of what federal programs will be available as they are being added every few days.