That repair cost $3,000 and ate up most of that year's cash flow. 

I see my mistakes are being desperate to rent I rented to almost the first person that came along.  1st person started dealing drugs and brought in pit bulls that ate the baseboards and cabinets. 

Yep, and then I ate them LOL.Okay, back to insurance...

I once lived in an apartment building and the guy downstairs was so extremely disgusting (cats drinking from milk in bowls of cereal he ate the night before) so I wrote a letter to the landlord explaining ALL that I saw (he left his door open often) and that we were now seeing roaches in my friend's unit across the hall from me and that I would not be happy if roaches started to appear in mine.  

While 31 y/o has never been evicted, she has smoked in rentals and had a pet who destroyed carpets to the point that damages ate entire deposites.

The turnover of the tenants and ongoing maintenance of the homes ate up any profits I thought I was going to make.Also, it sounds like he's charging too much for the homes.

At any rate, if some tenant decides to ever sue you because their kid got sick and the tenant is claiming it's because the kid ate the dirt in the yard and it was contaminated - you have the paperwork from the city saying it was dealt with legally.  

It ate you up if you didn't feed it.

welcome to the party.I went through a similar situation. i'm in my 40's and have a 2 and a 4 yr old. work full time and had a a full time nanny that ate through my savings. we determined it would be more cost effective to have the wife stay home with the kids instead. 

We ate ramen, TONS of ramen.