I would not allow anyone to use them-they are dangerous.

Do not invest in any city on Neighborhood Scouts’ list of the 100 most dangerous US cities.✅ Low risk of a natural disaster✅ Pro-business environment✅ No rent control of any kind.

Subsequent responses do seem to hone in on determining what your ACTUAL cost of the "$10k" would have been, and I would have hoped that "the book" would have made the same distinction - but, didn't?

I know in Texas that renting back to the prior owner can be very dangerous.

I feel like it's dangerous but I've had two agents in the area tell me it's a great opportunity.We'd need to find someone who wanted to develop the land.

Definitely seeing emphasis on condo/condotel distinction; usually in reference to financing but probably important for other reasons too.Good luck on your next property!  

I read Alans article and he is providing a dangerous amount of half of the information.

Lending is both a science and a dangerous art where you can lose it all.

Chasing cash flow can be dangerous if you don’t already own a balanced portfolio.

If a tenant has something going on that is potentially dangerous , or a leaking pipe etc, We place notice and go in.