But, there are plenty of horror stories where investors buy properties and they fail fairly quickly and then no one is there to help them.  

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.

People who are successful versus failed with OOS tend to follow certain patterns.

Well I have seen this come into play - I had someone who has a note in florida that was a non-owner occupied loan and the lender claims the borrower failed to make payments on this and attempted to record the deed in lieu.

When I see newer people expecting to find full cash out deals from out of state sourced from a wholesaler or agent I know they are setting themselves up to fail 99.5% of the time.

The overall trend of the 10-year treasury appears to be downward reflecting as well right now, with the most recent high of 4.8% on 1/13/2025 failing to touch the previous high of 4.98% on 10/19/2023 and now sharply falling to 4.62% today (1/24/2025).

People doing crazy stuff lately.

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

Although I/O looks great; everyone just failed. 

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