19 1 point Increased risk of default on mortgage from use of debt is which type of risk Inflation (purchasing power) risk Capital market risk Financial risk Liquidity (marketability) risk 20 1 point Management risk is characterized by the following characteristics EXCEPT for: Only a few real estate investments require management The competency of management can affect the investor's rate of return Some properties require more intensive management than others The going concern value of properties with business value is affected by management risk