Only folks that I saw make it through the melt down were very well position investors ( many of mine have or had zero debt) or massive equity and RESERVES.. this does not describe the average SFR investor especially those starting out.. those starting out with maybe 50k down and 50 in reserves can and do get wiped out quite frequently.Id imagine in many of those situations as opposed to walking away from their properties, many of those folks could have simply sold them.

For example, someone can have a very low score but due to an old medical debt, or the same exact score but due to recent unpaid car note and utility bills.

They’re convenient, but the downside is you often don’t get the full SSN or DOB for your records.If you ever need to collect on a debt or get a judgment enforced (like garnishing wages), having the full SSN and birthdate makes things much easier for your attorney or collection agency.

Her Attorney sent a note this morning - Approval from the bankruptcy court is generally not required for a debtor to enter into a residential lease.

Any time you leverage debt or take on other people’s capital, your risk profile increases, so you’ll want to weigh the upside against the added responsibility and exposure.

Also, remember that your 1031 rules don’t change just because the replacement property is fractional: each exchanger has to replace equal or greater value and equal or greater debt, or add cash to cover any shortfall.

You still live within 45/180-day clocks.6) Watch the debt/boot math.To stay fully tax-deferred, replace or exceed both net equity and net debt (or add cash).

It's the same quality that would make you honor a debt, or an agreement to pay the rent on a certain day each month.

He was fired for some reason today," or the debtor quits and you start over with more delays and fees, if and when he gets another job, and you find it.

Working a second job best benefits your strategy if it accelerates you towards a financial milestone, digs you out of debt, or develops a useful skill.In your case, your part time job at $26 an hour is not going to be a valuable asset, from a lending perspective.