Long story short, the fear of losing their horses, emotional attachment to the property and the belief that this property is what keeps the family together (regardless of how true it is) is very real to them.I have walked my parents through all of their finances for several months now.

I only caution that you could lose your shirt because you have to make an assumption on top of assumption on top of assumption on top of assumption to make things work.

No reimbursement for the taxes, insurance, lost rent or attorney's fees if you decided to hire your own attorney to look over things because it was taking so long.If you unfortunately lose, or if the insurer decides not to spend the money defending it will pay you the lesser of the amount of the policy amount or the value of the property. 

So some might place tiny capital with them to test them out to see how they might do and have to be okay with losing some or all of the investment if it doesn't work out.Just like a hard money lender lends to varying investors on flips.

Yes, on certain loans, commercial loans can get you to 3-6 months depending on the lender but rates will be higher. 4) Loan to cost I'll lose a lot of money and will not be getting all my money back like what I've been led to believe?

try jumping in when mtg rates are 18-19% & everyone keeps telling you that you will lose everything :)

If one move out or loses their job they are struggling. 

Sp while you sending the mailers out 6 times and getting just a fraction for the interested people every time you resend the mailers while pissing off the majority of the people that were interested you THINK you are gaining leads while in fact you are LOSING themTell me honestly.Do YOU like to be bombarded and pressured with mailers?

That's losing money each and every month.

The vast majority of Landlords will never be sued.Of those that are sued, I suspect the majority win their case.Of those that lose, the average payout will be adequately covered by your basic insurance.There's probably a 99.99% chance you'll never have to deal with it.I'm not saying you shouldn't buy insurance or shouldn't find other ways to protect yourself.