It takes experience to get knowledgeable in the business. true right when you think you got it wiped something new crops up and its " Shoot did not know that ".. especially since many are buying in multiple jurisdictions.  

A major dip in the home owner market can and often does wipe out a large portion of equity. 

I think NYC makes better sense on all factors except housing prices but maybe that's why he split the baby with VA.  

Things are busy, but we have been very lucky to have a happy baby. 

This means that we'd still be paying around $1500/month as I would like, but no payment on principal (for HELOC) and still paying PMI on current mortgage.Cash Out REFI:Our mortgage company just said they would try to wipe out the closing costs to compete with the HELOC.

They will do things that you could never imagine tenants would do.Keep in mind you are actually renting to the government and baby sitting government wards.

Got married had a baby then air bnb on 1 floor and rented the other.

IE: someone gets wiped out and cannot pay off barely any creditors.My guess is that Bear Stearns and Lehman Brothers met all their obligations until imminent doom/death, for instance.I'd like to follow this thread if it has some contributions. 

-All walls must be wiped clean, with any holes whether they be nail, screw, tack, or punch hole patched AND painted.

The high level of risk could easily wipe you out completely.