Originally posted by @Rick Bassett:...They say they have credit scores in the 300's & 400's as they are 'cash people'. ...They are "cash people" because if they had any money go into a bank account, their judgment creditors would attach and confiscate the money from the bank account in a heartbeat.

They will sooner tax all the people 90% or confiscate bank accounts before allowing wealth systems to fail.

How about paying people's rent, thus spreading the cost onto society as a whole, rather than confiscating landlord gross income (85% of which goes to expenses)?

Next thing cops show up, confiscate all computers in the 4 plex, cameras, cell phones..Kiddie porn was issue and it took several months before the cops were satisfied the landlord had nothing to do with it.. but stress, lawyer fees and grief all could have been avoided if the password and internet access was not shared.

Its slightly more difficult being on the other side of the world, but better than wondering if I will have my property confiscated at some point.

Let me go back to sipping champagne in my confiscated Russian Yacht. 

I'm working on a condo development there with local partners who have lots of experience so, as always, I'm happy to share my knowledge about the subject here.First of all, the odds that your property would be confiscated by the government is close to zero.

Research how many major lawsuits have happened where they confiscate all your wealth.

Now to freak you out a bit if in Minneapolis market, ever heard of that law where the city can confiscate real estate if it is a rental and there is drug activity?

With that in mind I will point out the US HAS Nationalized before, with confiscation, this was done to private gold ownership once upon a time, look it up.