Thats a great question @Deeps Brar, answer is simple, No, now if you are investing Capital Gains from a recent sale or equity withdraw then you may want to speak to a professional to help you 1031 or store in a tax deferrable account. but if its just cash on hand then feel free to spend it however and wherever you want.

It is simple to follow and has many impactful questions throughout that allow one to dig deep into one's psyche and understand one's WHY for their real estate investing journey.

HelloHoping someone can help with this answer before digging in deep.  

Hi Bruce,Risk / Reward (or punishment) is what comes to my mind about this.If you miss the numbers and if you can't carry it to the numbers you (paid for) you may risk foreclosure.Other than that, a super deep discount on a per door price (providing you can carry the place at a possible loss until you can fix it) might seem attractive. 

I think @Russell Brazil is correct in that the long term players need to accept that the deep discounts of 2014-15 are gone now and margins are going to be smaller.

I have not done a deep dive into this.. but I would think a borrower could make a stink .. 

Unfortunately, it was mine and it was really deep.  

It is simple to follow and has many impactful questions throughout that allow one to dig deep into one's psyche and understand one's WHY for their real estate investing journey.

Regarding making a house breath...

Unless an applicant contacts me for a "why", I don't provide a "why"....and if I do, its very vague along the lines of " I found a more qualified and compatible applicant".....very vagueAnd don't even look or breath in the vicinity of them being a gay couple....don't bring that up AT ALL...or they will latch onto that being THE reason they got declined