Why should he flip houses anymore, makes too much off everyone buying his books and seminars.Last I heard about lawsuits was Armondo suing his brother David for trademark infringement, damage to business reputation, unfair competition and unjust enrichment.

Looks like Arthur has done nearly as much damage in your neck of the woods. 

goes like this: total projected rents based on last 5 years performancecut in half. because of vacancy, insurance, damages, management, eviction risk, etc. depreciation, trouble and strife.

All of the brain damage is because he won't accept a financing contingency in the contract.

Make sure you know your taxes, otherwise you might get a nasty surprise from the city and county.Make sure you collect a security deposit AND get the guests to authorize you to charge their credit card for extra damages.

There was a small kitchen fire so theres that damage and water damage of course, structure and foundation seem to be in good shape.

We had to refund some even though the damages were extensive.

But direct contact, if caught, could cost you damages from the Seller.

I'm trying to brainstorm ways to do minimal damage to my credit while still borrowing for more homes and increasing my debt load.

I don't think the insurance ploy it's as easy to get away with as it once was but those houses can be worth checking out to see if there is really damage or not.