Request to have the "endeavor to but failure to" wording stricken from the certificate and that you want a 30 notice of cancellation/10 day for non payment.

If you fail to show a sufficient income similar to other businesses in the industry, the failure rate increases......why, because if you are a mechanic opening a repair shop and after three years you are not making more than any other mechanic working at other shops in the area, why are you doing it, why be in business, right or wrong, it is assumed you'll be doing what is most profitable for you, and you may just shut the doors and go get a job.

Short sales is most of the activity but still has a high failure to close rate.Where are these markets where all the inventory is readily available?

Like Bridget, I also feared both failure and success.

But would I be setting myself up for failure, spreading the butter too thin?

I have no idea what type of gauge you're dealing with, so I don't know what failure modes might be possible.

FWIW, it is highly desireable for banks to see an MBA on an applicants resume when considering a business loan...I don't think that is because they are hoping to find business failures.

Wild appreciation makes failure difficult.

This is a common fault of newbies and IMO it's one of the reasons for the high failure rate.

As a hard money lender I had one client that has 3 deal failures on a similar transaction as the buyer had three lenders back out at the last minute.