When I think about struggle and sacrifice during the early years in the US of A, the first thing that comes to my mind is how much it sucked to walk for a mile to go to work (fast-food job) in frigid weather, and uphill especially when it snows and is windy as hell. looking back at those experiences, I could easily see how much impact they had on who I am today.  

Your local weather says 31 with a low of 24 tonight.

The income coming in regardless of if you are sick, laid off from the job etc. gives you the security to weather life's storms.    

It's a place that has a great deal of nostalgia for many, a notoriously tricky local government, and historically rough weather. 

*Security - home should protect security of property (security not as in weather or burglars but as in collateral) *Soundness - home shouldn't have any physical deficiencies that compromise structural integrity.AAn appraiser usually comes out to the property, conducts their inspections and documents all observations and expert opinion.

First thing is I think it would be kind of harsh to say someone is an "idiot" for getting in an overleveraged position.

I actually called Citi Mortgage this morning too and was told that they will only do #5 - #10 if it is a primary residence, not an investment property. ...That sounds SO retarded - like anybody (other than some movie star / jet setter) would need to live in properties 5 through 10 ...When you talk to them use the idea I'm pointing out, just don't word it as harshly!

Since it likely did not get delayed due to weather (rain) I would say his timeline was way too long, but even if it was 2 months, that does not deserve getting shot, you should have just fired him, not fired at him!

That may sound a bit harsh (which it is not meant to be) but if you enter into contracts in a country where you don’t speak the language and won’t/can’t learn to speak the native language to a bare minimum standard, you are taking additional risks by doing business knowingly and cannot come back later and say you didn’t understand.

The theory behind the 50% rule, is for your beginning calculations of weather or not a property is worth a second look.