But I suspect the same is true for virtually all the high appreciation markets such as LA, San Fran, Honolulu, Boston, San Jose, Seattle, etc.the reason this thread is so long is that without posting any info about your portfolio, you attempt to defend dribble and some of us want to be sure newbies do not believe the dribble.  

I don't defend GPs from this, they gambled and lost LP money competing for these deals with that financing. 

You clearly do not like the guy and that is okay, but your statement is a complete gross misrepresentation of him.I don't need to defend the guy but I always think it is pretty uncool when people go online and make statements like this when they really don't know what they are talking about - and if that is how you sum him up, you don't know what you are talking about and your statement was completely unfair.

Here is what is missing from the above assurance:We guarantee that we will assign the most knowledgeable expert to defend you against your IRS audit, and we guarantee that this expert will invest MAXIMUM available time and effort and skill into your case.Yes, I just used all caps myself, and for a good reason: this is the only thing that really matters.

Whether it’s through proper insurance coverage, entity structuring, or estate planning tools, asset protection helps you manage risk and defend your financial security.When used together, these strategies create a powerful defense and offense for your financial life.

However, a title policy is not a guarantee you have good title, only that if your title is challenged, for a covered matter, the insurer is obligated to either defend your title or pay your covered loss. 

He should expect to be ordered to remove the improvements at his expense.Unjust enrichment is used when there is NOT a contract... but under circumstances where it would be inequitable for the defendant to keep the benefits received from the plaintiff without compensation/restitution.

@Justin Mason, the job of the guardian ad litem is to protect the interests of the unknown people who cannot be found, served with lawsuit papers, and defend their own interests. 

Unless you've done complex tax preparation before ... hire someone.The CPA my clients in Colorado use for their Colorado STRs can usually get more in bonus depreciation with their cost segregation anyway, and like others have said, you want to make sure it's done right to defend in case anyone asks.Plus, it's nice to have a consultant who can walk you through what it takes to qualify for "material participation" as a short-term rental professional. 

If necessary, you can file eviction against your own tenant and name the guest as an additional defendant whose rights are to be terminated when your tenant's rights are terminated.Go to the District Clerk's office in Marion County and ask them for the names of two lawyers who seem to file the most eviction lawsuits.