There is a place for debt and investing and I believe that place is best suited for seasoned investors that know the impact taking on debt has...

What is impacting his credit (obviously these are personal questions and don't expect you to respond on here)?

The difference is I know a ton of more people who didn't and ended up in a bad way very easily to the point where it's almost a part of the culture/acceptable.I'm not saying Melrose is anywhere near the equivalent at all but here are some numbers for you on Melrose.The number of towns (over 10K residents) in MA that have a lower per capita rate of crime per category than Melrose:Murder: 75Rape: 62Robbery: 101Assault: 70Burglary: 59Larceny: 102Motor Theft: 123Arson: 66Overall: 95Compared to these overall ranks: Wayland: #1Weston: #5Bedford: #7Sudbury: #13etc...My wife thinks the education system is the most important thing and from my personal experience, safety/low crime culture is the most important thing.

This time I changed when the 10% per year decline started to see how much impact that had and also changed how long it lasted.Here's a summary of the net worth from each scenario in year 40.And, here's how cash flow changes at the end in year 40.I just made these and have not really dug in to study them, but at first glance, it looks like the later a crash happens (which is when you have more properties impacted), the larger the impact on your net worth.Cash flow was not impacted that significantly though by when it happens.The longer a crash happens (like a crash that is 10% per year over 4 years), has a bigger impact than a crash that is 10% down per year over 2 years.

Hi,I have a home insurance plan with 'Guaranteed Rebuilding Cost' few months ago I had a water incident and when I filed a claim with the insurance company they did reimburse me for the water damage restoration agency as well as fixing other damages like fixing ceiling and a portion of wooden flooring that was impacted by the water issue. 

A bad economy wouldn't severely impact rental performance?

@Nolan O.Have you noticed that in our culture, there are a million stories about those who overcome their fear and a comparative minuscule number of stories in comparison about those who overcome their greed?

In fact, it's water management system was poorly designed to begin with.I know, no risk, no return, but I take on good risk... that is risk that I'm fully aware of, understand its potential impacts, and can mitigate. 

Does anyone know if this will impact my title insurance that was part of my original home purchase?

I just had my home at the time, so I wasn't really impacted by 2008...minus that around 2009 I picked up 2 sets of duplexes because prices were down.  ;-)@Vika Bha, shh...Don't go spreading this around, but I'll run the tool for you really fast.Okay it DOES seem to work out.