I'm new the notes world and frankly the 3-year locked in PPR preferred return of 12% seems almost too good to be true if they in 16 years have never missed a payment or failed to repay principal.

Paying off the notes, working to pre-emptively make repairs to capex items before they fail or become a major issue think roof, HVAC, and foundation.

In the end, many fail because they make a decision based on the wrong motivation. 

If that call fails, try calling again (hopefully you'll get someone more competent).

Most who fail  buy C/D real estate without strong fundamentals.

Fail forward is generally just great life advice. 

Quote from @Jon Parks: I think it's safe to assume your capital is gone in failed business ventures.

Those who don't let us manage the units like we own them, often fail or get cut.  

It is disheartening to witness a mentorship program that boasts substantial financial success, with students allegedly earning substantial monthly incomes, yet fails to ensure that their own employees receive even the minimum wage they are entitled to.

I am glad they realize that I should not be responsible for the cost of a toilet that failed due to a guest accidentally dropping a vape in the toilet and picked up the replacement cost.