@Jeremy Tillotson  anyone in the business long enough will run into one of these.what I get a kick out of is buyers of new homes or turn key homes have an inspection and the inspector finds a little bit of MOld and all hell breaks lose.. and then you have these folks who have lived successfully in a petrie dish for decades LOL..

Filling a vacancy is less costly than prolonged damage and losing $200 every month.

They're the ones in jeopardy of losing their home.

All the advice as to go get some money and jump in, while that's great for cheerleaders, it isn't good advice especially when someone coming in says they can't afford to lose. 

Yes, but keep in mind that if your mortgage acquisition indebtedness exceeds $1 million and/or you have a HELOC is in excess of $100k, you may be limited in the amount you can deduct. 

This sparked a conversation in the office about how owning a rental property is an excessive burden and there is no money to be made in real estate.

Remind you she is losing $500 each month.

If I see a lot of pictures of wild, drunken-looking behavior in groups, they lose points.After having so many 20-somethings, I do find myself craving some 50-somethings.

If you are dealing in higher priced areas, it can be harder for buyers to come up with larger sums of cash and if you can't flip a property to another investor before closing, you'll have to come up with all cash or lose the deal and your security deposit.

Non-recourse also has carve-outs typically, so if you do something fraudulent or negligent, you could lose your non-recourse status.Mark