We went through a lengthy eviction, then hauled out two 40 yard dumpsters worth just from the basement.Then there was the fire we had in a duplex unit, started by refugees that had rented under a special program at the time.

Btw, he's licensed insured and bonded.  

Apologize for the lengthy post.

Though I am training to become a doctor, I have a plan to use real estate as an investment vehicle that will free me from any bond I feel to work as a doctor because i need to do it to pay for my life and the associated expenses.

Inherited tenant in one of the homes refused to pay rent and a lengthy eviction process killed any possible cash flow for a few months.

This makes the bond more attractive out in the open market since an investor has a predictable return assuming it is not paid off prior to maturity.

Refinance the property, buy muni bonds with the proceeds, and get a line of credit against the bonds...form of infinite banking.https://www.biggerpockets.com/forums/50/topics/629...FYI...the equity can't be "saved"...it will fluctuate with the market.

I can tell what you'll receive from a AA bond over 58 months, no one can tell you what you will make on a RE purchased 58 months ago.

Instead of using this money for the purpose it was given to them for - the banks use it to buy bonds and now the government is using the tax money to pay the banks 5% interest on money that they received for FREE??

You didn't mention whether the promises made were in writing.If they were, it seems to me that a lawsuit is in order - one with the intent of driving an equitable settlement from the seller and TK company, rather than going through the lengthy and expensive court process.I'd be prepared to find that both parties have protected their assets via LLC / S-Corp or something similar, but my understanding is that fraud can pierce the corporate veil.