Also, we learn best from mistakes, anyway.  

I have made the mistake of borrowing for business with Capital One and they put it on my PERSONAL credit report which negatively impacted my credit utilization and, therefore, my credit score.  

Don't be afraid to make mistakes as you go, it's part of the learning process."

You shouldn't make the same mistakes again.4. 

That was the mistake from the beginning on this one.The best thing they could have done in this situation was to satisfy the taxes and to foreclose the unit.

He made that rookie mistake too.Ken T., you said "the average seller would go crazy if they knew there was almost 100,000 profit after the sale", but why don't they care if it is ONLY $55-80,000?...

It isn't very likely 4 and 5 star community owners are going to welcome Lonnie Dealers, but others might roll out the red carpet if they feel it is beneficial to them.As Curt Smith penned, your biggest mistake was not learning what you don't know before committing investment monies.

@Wendell De Guzman, my mistake.

It is slowly starting to look like a clerical mistake that is causing a firestorm here.

Since then, we've talked about the things he "shoulda, woulda, coulda" done differently and the plethora of mistakes he made with his abundant wealth.