I was worried I'd lose all my data when I finally get a new computer.

You'll probably lose money each month after all expenses are accounted for.

Money is money and we won’t lose anything.

If we charge $3000 a month, we would basically break even or lose money (depending on repairs).

Do they pay the mortgage via your payments, Do you make the payments to the lender.. if the payments go to the seller how can you protect yourself in the event that the seller stops making the payments to the mortgage and you don't lose the property?

I see people lose house all the time for not paying their property taxes.Sell the house to pay off debt before you lose it.Bankruptcy protection will not stop loss of property for unpaid taxes.

You may lose equity and not see CG or have to hold a property longer than you want.

Don’t lose out on opportunities because you didn’t do your homework!

If you’re a flipper, don’t chase your property down as it loses value, just turn it into a rental or sell at break even if value plummets. 

(Your rate should be around 4% for a 5/20 ARM if you are qualified and properties cash flow nicely).Alternatively, if your rates are better than that or you don't want to lose a 30 yr fixed note, I'd just get a commercial mortgage on the new home you are purchasing.