But I checked her previous rental and she kept it clean and took care of them, so gambled on her.What I got was something totally unexpected.  

Now let’s “Gamble”, I’m an Accountant so I don’t like to gamble in business so let’s improve the odds in our favor.Pick 4 areas and do the above study:1.  

Hi All -Without knowing all I probably should about an irrevocable trust, I'm getting the feeling I might be gambling a bit here. 

If you got really niche with the leads and had a few ways to monetize them, then I could see it working out in terms of longrun value if you have some cash to gamble with and could run this for volume.I've tested paid leads from a few different sources and providers, but nothing has ever panned out to be actually worthwhile.

@Layla Gamble, Charles was my intro. lol

I've reframed my thought process to "okay losing 200-ish dollars when gambling is akin to having thousands & now losing $20K+."

In a waterfall, the GP is incentivized to stay the course, gambling the LPs equity, because the GP only makes money above 7%. 

Youre gambling that the underlying wont be called or that the lender will negotiate with you if it happens.

“I’ll lose money on hidden or unexpected expenses.”Regular financial reporting, full disclosure of fees, and proactive maintenance planning make expenses predictable and transparent.Out-of-state investing doesn’t have to be risky — it has to be planned.The right systems, communication channels, and local expertise can turn what feels like a gamble into a scalable, stress-free investment.If you’ve been considering expanding to new markets but aren’t sure how to overcome these challenges, I’d love to discuss your concerns and share what’s worked for other investors.

Is gambling against the rules here at BP?