I am lucky that my wife knows people that have successfully started and some that have failed doing this.

But even then, if she called a roofer who failed to put a tarp up...it was the middle of the night and raining.

I hope you like smokers, because they all smoke like chimneys and have no regard for flicking butts on your property....eventually my parents went on a trip and of course the sober house people had a perfect view of them loading up their luggage, and what ya know after 25 years of not a single crime...they were burglarized, by a homeless junky ******* that was friends of one of the residents or was a previous resident....The sober house operators were ******** and not cooperative....their are more than a few of their patients were loud obnoxious gang banger types, giving the hard stares and intimidation types of attitude.Lastly.... on more a general note... the affordable health care act made some seriously horrible changes to the way insurance can deal with addictions....it used to be that their was a limit to how many sober claims a patient could make, and then the insurance company turned off the tap....now, a patient can relapse as much as they want and the insurance has to allow them back into another sober program...it essentially incentivizes the sober programs to fail, because it assures them a steady flow of repeat customers.Lastly, I found the few sober house operators that I came into contact with, during this time, to be vile phony insurance fraudsters and street urchins, acting like their title made them actual healthcare providers.Just my 2c...and sincerest apologies to the 10%(if that) of the industry that are a really providing a quality and ethical service.

Plenty of companies can do a AML check and you can make that cost as part of your origination process.As a FYI, we had someone fail a AML / KYC check because they were a former drug runner in a cartel.

If your lease has a clause such as "tenant agrees to pay the security deposit," and you fail to enforce it, you're running into the legal concept of waiver.

The downside of not replacing it is air conditioning systems fail when it's hot out, when they are needed the most and when it's most unpleasant for the renter to go without air conditioning. 

Obviously, opacity is beneficial to failing syndicators who can use information asymmetry to take more money from new susceptible LPs.

I’m fairly certain it’s a typo that got replicated somewhere in the editing process (“find and replace” fail?) 

I haven't even financed it yet - I've been doing a BRRR strategy which is clearly failing.  

Failed listings higher.