Allows landlord to not renew fixed term tenancy if tenant receives three lease violation warnings within 12 months during term and landlord gives 90 days’ notice. 

I do warn my tenants not to schedule the payments more than 10 days before the due date because, otherwise, Cozy will not recognize it as paid - one of the interface design flaws. 

I personally would warn this tenant that they are going to be evicted if they do not pay rent on time as per the agreement.

The manufacturer's warning placard on the water heater states that water temperature above 125 degrees F can cause burns from scalds and possibly death.

I would further warn the young couple that they are gone if there’s smoking by them or a guest .

In other words, they were banking on future events they had little or no warning or control over.I have at least 25% equity in my properties, and at least enough cash flow to cover the "fall backs" in a down market.  

The warning signs were evident the moment they asked you what you had into it - which should have been COMPLETELY irrelevant, and I reckon you would have been best served by calling them out on that point, and so not told them your purchase AND rehab costs.

@Emmett Gorman Here are some of the warning signs a well-intentioned agent will never be able to give you the best the market has to offer when it comes to RE insurance options;  Jack-of-all-trades and the master of none (e.g., they want to upsell you home, auto, health, life insurance, etc.)Dictator, not a consultant (e.g., they force coverage on you instead of tailoring the coverages around your unique situation)Only represent one insurance company (no single insurance company can offer the right policy, at the right price for all situations)Their process for getting a quote is difficult and cumbersomeTheir underwriters/inspectors seem to always find a problem with a propertyIf you spot these warning signs, you should search for an insurance agent with these attributes: Have a depth of knowledge gained through years of experience working with real estate investors like yourselfHave a unique consultation process specifically crafted for working with REIsHave access to a minimum of 50 insurance companiesWork with a large independent insurance agency or group (the larger the agency, the more leverage they have with insurance premiums and claim settlements).

Disclose any knowledge of lead (which in our case is "I don't know if yes or no") and include a "Lead Warning Statement" in the lease.2.

Just a warning though rentals fall apart much easier than sales.