I liquidated the condos over the next two years for a total of in excess of $765,000.3.

If they were to over-bid at the auction, they would have to give the excess gained at the sale back to the home-owner.  

Alternatively, the owners' chosen vendor may take an excessively long time, causing the individuals to lose valuable days, weeks, or even months while waiting to move forward.

I plow excess cash into this asset class as a piggy bank.

For those like myself who hadn't heard of a legal definition of "sophisticated investor", here is how the Financial Times summarizes them: "net assets of $2.5 million and annual incomes in excess of $250,000".

The excessive layers of roofing take DAYS to strip.

But again it’s adding up to a lot and it seems excessive. 

With excess leverage (which is sometimes can be a GOOD thing) the risk of negative cash flow is very real.  

I think it’s pretty easy to say that his portfolio is in excess of 100M (gross value).

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.