I'm not dead broke or anything (thought that would make for a better story (Man buys apartment while living in a card board box), but I'm not sitting on enough cash to plunk down 20% or have credit score that makes bankers salivate.Pretty much at a point where I have to make this happen to save my sanity. 

"Hey, the AC broke, please send $6,000 to the AC company so we can get that replaced for you."  

U also love when the host of the show, particularly some cute young girl, picks up a sledgehammer and starts demo.

There is good information on real estate development and changes in laws affecting Airbnb.And they have a great investigate team (they broke the "Healthy Holly" scandal that lead to our mayor getting indicted), so if you support good journalism this is a great place to start.

So in essence I kind of broke the cycle of remortgaging to purchase another rental property.

I envision myself failing and then being broke and homeless. 

The most damage caused by a tenant we've had so far has been by a non college student, and even at that not too severe- the dude cracked a toilet seat, broke off the shower head, and damaged the hollow core closet door beyond repair- nothing too serious.  

Towel bars always got loose or broke off. 

At that price, there was a chance that I could have sold it and at least broke even if things went south on me.My point is, I don't buy anything based on what someone else tells me they think it's worth. 

The vast majority of landlords never get sued, this is especially true for broke landlords that don't have any money.