Bill, you have a lot of experience and thank you for sharing it, but do agree that you tend to portray the worst case scenario as being the most common scenario.

Even at 50% LTV, you'd have an option.Write down your own best, middle, worst case lending scenario.

HOWEVER, THIS IS THE WORST CASE I HAVE EVER ENCOUNTERED.

I'm not one to tell bad beat stories (and I'm not going to start now :), but I took the worst beat of my life in the 2005 main event there.

Superficial cracking should still be repaired as it will only get worst but might just need a elastomeric type concrete caulking applied.

Let them file it the worst that can happen is they take you to court and you pay the 500 per windshield.

Its hard to believe you bought even the worst possible junker anywhere in CA for $1.

A QRP/SoloK is the best plan for those that qualify for it and the worst plan for those that don't.If you haven't distributed the retirement account, you can consider:a "side-gig" or "side-hustle" that would generate the necessary self-employment income to sponsor a Solo 401k.

Worst building on block. needs alot of what seems to be cosmetic work, Paint, landscapeing and cleanup.

Here are the numbers:1-3Bd2-2bd1-1bd2k sq ft, full basementfully rented @2100/month grossgoing for 74,900 short sale, an inheritance that the owner doesn't want to deal withseems like a great deal so far, but here's the kicker- 3/4 of the units are rented by the former owners(uncle) family members.I'm thinking worst case, I have to do 3 evictions, but given the numbers, still worth the risk?