And that doesn't include the millions of homes that have already been taken back by the Banks via foreclosure since then, for the same reason.That is NOT a scenario you want to find yourself in!

I am looking to buy again in the next six months.Here’s the situation:I own a home in San Diego, currently worth about $1.05 million once the ADU is built.I owe $680k on the mortgage at 4.25%, with monthly payments around $5,500.The property generates $7,500 in monthly income: $5,200 from the main house as a vacation rental and about $2,300 from the ADU as a mid-term rental.My broker is advising me to do a cash-out refinance and switch to a DSCR loan, then move the property into my LLC.I’m hesitant because current interest rates are around 8%, and I was originally considering a HELOC due to these high rates.Given the high rates, would you recommend sticking with the HELOC, or does the DSCR loan make more sense in the long run?

We have already been offered 209k for the land itself, and it's likely able to fetch a fair bit more.

The house at that time was probably priced around 1.3 million.

There are millions at stake here over their portfolio.Not sure how they are going to mend the non-fiduciary responsibilities by the KP's.

Let's pretend someone slips and falls, ends up in a wheelchair, and sues for $5 million.

The people I see with tens of millions or more with money find the best people they can and structure systems to realize more free time.

Ive got some tenants who are approaching having paid me half a million dollars in rent. 

As background, it's a 1400 sq ft ranch in a very desirable area where homes typically fetch $500/ft+ after rehab or new build.

I'ma was getting burned out, and I started hating real estate.Here's the deal:67 Units, $12.2 million, 2019 vintage, mix of SFH & Duplexes.We bought this deal from the same seller who sold us a 62 unit last month.