It's important to have good advice so you can recognize a hiccup vs a gut punch!

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.

So many folks will scream that buying negative cash flowing RE is "gambling".

By calculating this, you temper your ability to perform and are able to recognize viable opportunities.

It was definitely a gamble, because I was assembling furniture up until the night before their check-in :o I only had an opportunity to advertise on FF, because it was the first place we posted and it got enough inquiries right away.

I recognize capital calls are generally disliked but it might be the best way for the Sponsor recapitalize the deal.

I recognize that my expected return is different than many of the members of BP, but the most successful of investors do not consider a loan on one asset to purchase another asset (whether it is stock via margin, home equity via HELOC, borrowing from 401K, etc.) to be the same as leveraging the value of the financed asset in the financing. 

It's more gambling than anything else.

This discrepancy was not previously recognized by myself or the mortgage lender until I received correspondence from my lender indicating that the insurance policy holder's name must match the property owner, in this case, my Ilc.

People should recognize things never get cheaper (which is why now everyone should roth 401k that savings because I would rather pay taxes on it now than in 30-40 years)...