You have to evaluate the property, calculate expenses, and then see what the net income or net loss would be.

Don't tap this account for anything other than emergencies (loss of job, medical, etc... not for new cars) and refill it as soon as you can once tapped.  3) Pay off *all* your debt.  

Your only risk in something like this is that you will still pay the tax and your loss will be the exchange fee.  

If you filed a police report  I am not sure but perhaps this could be a loss you can claim on your taxes even if you don't claim with your insurance. 

Some businesses are more bold and will hire the head anticipating growth which means running with a loss or some debt, but if you don't grow that is going to eat away at you.The One Thing - This book I found very enlightening and great for creating focus and effectiveness.  

I have never suffered credit loss (despite being in low-end areas, although I’m sure I will someday..), and have had so few DAYS of vacancy, it’s difficult to keep track of.

We typically have a net loss from making improvements.

Once the borrower has defaulted, the lender will file suit in court to recover its loan loss, and if the court awards a judgement, the property will be scehduled to be sold at a public auction". 

I would look at 2-family FSBO's and find a seller who may need to move out of the area on short notice (sometimes there are estate sales where the adult children don't want the property after the loss of a parent).  

is a bit over-inflated at the moment in my opinion, considering the recent job losses from oil prices, as well as the related rental vacancies.