But in the situations I've had, the mere threat of bringing the attorneys into it--or in one case having the attorney write them a letter--resolved the issue pretty fast. 

And, at the end of the day, don't shiver in your boots about the threat of lawsuit.

$75/hr = $25-30/hr after taxes and expenses including at the least; Clothes wear out faster, vehicles wear faster, tools, upkeep of tools, more tools, liability insurance, health insurance, lost time driving around only to find out you didn't notify your residents of entry, or they left their children or evil pitbull home alone.

I purchased my first flip house on Monday and as a new real estate investor, I would like to get some experienced rehabber's opinions on the threat of asbestos.

Let's say they have no other deductions, like health care or 401K, and $2280 net - 950 rent = 1330/month to pay all their other expenses, or $332.50/week.

Not only that your employer pays most of your HEALTH INSURANCE premium so that helps. 

Hi all, just discovered this threat and very interested in getting an update from people since it's been almost a year.

frivolous lawsuits are a real threat, probably more today than ever before.

That the health department has been to the property and has been sending notices that have gone unanswered. 

In the end, you can use threat of lawsuit to completely paralyze you from investing all together.