I fell if you take the "easy button" away, it will eliminate many of the calls that could have been avoided. 5.

Additionally when a deal fell thru because the financials were not going to pan out as advertised, I never received my earnest money back. 

@mitzmichael, of COURSE it was stressful, but only to the point that we could have simply walked away from the deal once the initial financing fell through. 

If it makes you fell better, I don't "conform" either and will do ~$25m in lending this year.

We saw this in 2014 in Houston w/oil falling from $100 barrel to $50 barrel  w/B/C value add properties there performing admirably while class A occupancy fell hard.

. :)But your right you don't have all the folks get on her who do poorly in real estate people just don't talk about it the same.. the closest we have come is the Morris/oceanpointe threads of some really really bad operators it took a lot of guts for those folks to get on BP and say hey I fell for the videos and the freedom number sent in 60k in cash and now all I have is a home never rehabbed and vacant.. although in my personal opinion it more than a civil matter.

Granted you fell for the sales pitch and probably don't realize the risk involved with this asset class but at least they could have given you what they represented.. the fact that you will have nightmare tenants for years that's another story and another lesson you will learn..

It fell flat on its face in 2008, and the home probably lost about 20% of its value.  

During the process of buying we had financing that fell through.

I bought a house on a well a few years back, and selling it almost fell through because the bacteria was a tick too high.