If you've been burned by the market, what happened?

Allowing tenants the flexibility to pay when they so choose inevitably leads to burned out owners. 

It burned down, so maybe that made it cheaper 😀.  

Would love any guidance on buying out of state -- from best markets to consider, to techniques for research, how not to get burned, is it OK to purchase sight unseen or would you always recommend viewing in person, etc.

Now it's all SPI owned land- private timber company that runs a vertical operation where they own the land, the mills, and operate the trucks- and the only Forest Service land that is logged is the burn areas after the forest fires come through... that maybe could have been prevented or better contained if the forests were managed... but that's a whole can of worms to open.

All I have to show for that investment is occasional emails in Japanese from a Tokyo bankrupcty court.I'd also like to warn anyone running around with money burning holes in their pocket to be very skeptical of "initial coin offerings"..  

Addressing the problems is like trying to put out small individual fires in a forest that is burning.

One side of the duplex had hoarders living in it with about 18 cats, and the other side was burned out and vacant due to a kitchen fire (which then became extra storage for the hoarders next door)What made you interested in investing in this type of deal?

I had a house burn down due to arson a few months back.

I've got excellent credit and stable W2 so I can be a borrower, have money to use from a HELOC, and a drive and desire to get in the game that has been burning for over two years that has only grown my resolve!