The Netherlands (investor associations, meetups, community groups and such) my posts are deleted by moderators.

If it does, moderators can delete.

Billions of dollars are being paid through the State Disability System, to ex cons, drug addicts, alcoholics, pedophiles, and those that have used up their unemployment benefits; and then apply to the easy to qualify for Disability program.

:)The only thing that would improve the club (other than free alcohol) would be to increase the already increasing membership!

Better to be a little conservative and moderately successful than a little aggressive and a miserable failure.By ensuring 6 months cash reserves, you do slow down the process of acquirng many properties when starting out, but you will be less likely to fail, and in the end you should be better off (more wealthy) and have a lot less stress to show for it.

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The risks:Earthquakes (insurance does not cover that risk)Political risk (Russia); my opinion, yes, it is a moderate risk, but even lets say Russia should invade Georgia (which I do not consider a likely scenario), would not necessarily mean that your apartments will be taken from you.I personally consider the political risk of western left wing socialism governments dictating you prices and super friendly tenant laws and increasing property taxes and taxing the "bad rich capitalist people" much higher than this risk!

Previously was a suit factory then a bowling alley that was run down and was not interested in selling alcohol (major issue for a bowling alley) finally a bingo hall, just not a bustling industry demand for bingo. 

This is a moderate amount due to rent control but she spoke of it as a major imposition.

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