With all that, do you have an example breakdown of cash flow (profit/loss)?

Translating that into a dollar loss you can decide what premiums are worth.

Identiy thieft sucks, sorry for your loss.

There are some capital gain/losses and perhaps recapture that enter into it when it's not your primary.

I find the $300 a year loss to be well worth the good trouble free tenants it provides.Good luckPlay to the kings.

I'm in Loss Mitigation and doing short sales.

What should have been a $20K profit became a $1K loss.

Vector graphics can be scaled up or down without loss of quality whereas jpg or gif files cannot in print work.

My question is can the bank come after the new owner at all or just the old owner for the loss.

I agree, which is why I moved from California when I started in REI.Unless you have the resources to hold a negative cash-flow property LONG-TERM (remember, the resale market can flounder as well, and you could find a loss of equity that would force you to hold for 10+ years before you could resell), it's probably not worth the risk.Just my $.02...