If you have no reserves and you hit a problem- a costly problem then you potentially are in default or at worst very stressed and that is not a good place to be and could threaten significantly your future.

As Ryan mentioned, looking at the worst possible year over increase, which is usually around 100bps or 1% (10bps equals .10%).

Therefore, made some solid mistakes investing out of state, ha.

Looking at it from another way, if you do the deal and your worst fears do come true, what's the downside to you and do you have an alternative to selling?

That's the first mistake. 

Continue to be learning based and open to making mistakes and making the proper corrections.

Originally posted by @Rhett Tullis:https://finance.yahoo.com/news/does-devon-energy-corporations-nyse-191430577.htmldebt came down due to their asset sales, not organic growth. you can see their total asset line got cut by more than 50% since 2015 (also driven by write-downs due to decline in oil price) https://seekingalpha.com/symbo... income statement: https://seekingalpha.com/symbo...devon is definitely not the worst one out there.

I would imagine they could call the loan due worst case but at a minimum raise the rate considerably, most certainly some verbiage in the loan contract to that effect but you would have to look at the individual loan documentation.

Learn from my experience and mistakes! 

The worst that will happen is you get to court and end up paying it.