And even with an iron clad contract wouldnt I basically end in court to enforce the contract terms?  

I still have a couple of friends there who are actively involved in buy and hold properties.After all these years, I still miss KC BBQ.

Area for a BBQ and outdoor furniture.

Ironically I've been a bit bored lately so I'm looking for a value add project that I would like to turn into a NNN Lease property.  

I turn my iron off before I leave my house...if others are so stupid that they don't, they deserve to have their houses burn.Why do I pay for veterans to get benefits?

For BBQ - Joe's Farm Grill in Gilbert.

If It's real old you might have clay pipe or galvanized going to the street and have galvanized inside of the property.This goes back to did he just tie into old stuff in the wall for new kitchen and bath or actually fix everything comment.As far as not paying rent it is a DISEASE.The tenants all talk and when they say they haven't paid rent the rumors start to swirl.Maybe the owner doesn't care anymore,maybe management doesn't care,maybe the owner is in foreclosure,maybe a bank took it over etc.More of the tenants will not pay and a pattern will develop.This is why it is critical to always file for eviction no matter what.The tenant can always pay and stop the process.If you rule with an iron fist the tenants know and are conditioned to pay the rent.Some are like children always testing you to see what they can get away with.This is why if you don't do things the same way all the time it can send mixed messages to them.It's that one moment of weakness that they take advantage of you.

It's a bit ironic - when we acquired these properties, we would have paid extra for the convenience factor of a turnkey investment package; we had to locate the buildings, purchase, rehab, and establish tenants and a working management solution ourselves.

Less than 15 minutes later she calls me back - ironically interrupting a sentence speaking with my wife saying that I think we should give her the benefit of the doubt and keep her.

Ironically....I just had to fix my own toilet, so I suppose that means it's time to dive in!