But nothing will break and the bank won’t fail to pay. 

If you fail, you can raise capital for my projects and will give you another Co-GP title. .......Or you can organically grow your real estate portfolio and credit worthiness &  keep the $30K. 

Most businesses, property management or not, fail due to the lack of sales, not due to the lack of systems and phone etiquette.

I have seen so many investors straight fail at this attempt.

You failed to rent it in October before the holiday season. 

The internet companies that failed, failed because they didn't have a viable product or service, not because of the underlying technology of the internet.

There's a separate thread on partnerships and the general sentiment is that majority of partnerships will fail.

This is obviously not a get rich quick scheme, and like with any business out there 99 out of 100 who try it will fail at it.

What percentages of businesses in that industry fail annully?

Once we missed the closing date, the seller wasn’t happy & demanded the EM of $10,0000 be released to him & put the house back on the market.We ended up with an extension only because we had been in a state of emergency and the lender had 8 more days to come thru & they failed us!