Common HungerIf one person has the drive to work around the clock, burns the midnight oil etc, and the other partner turns their phone off at 5pm, takes weekends off and monthly vacations, the workload will quickly become imbalanced, resentment will build, and you will need to dissolve the business.Complementary Skill SetsDon’t partner with someone just like you.

I have had a property burn and we had to completely gut it.

I was burned on a building lot I bought after finding out there were weed abatement liens totaling more than what I paid.

This house's basement was flooded to the ceiling, submerging the oil burning furnace, heating oil tank, security system panel, electrical panel, and water heater. 

I wasn't worried that our house would burn down but I had a condo much closer to the fire which I was less sure would make it.

He has many breaches to the lease including stating a fire ( burning garbage) in the backyard.

I never thought South Lake Tahoe and Heavenly would burn, but here we are. 

There is a pump in the trough that moves water through the exchanger while wood is burning underneath it. 

The duplex next door burned down at some point somewhat recently and insurance replaced all the siding on that side of the house.I’d like to make it a 4/2 or at least add a half bath, but it would depend on where else the money is eaten up.

They're also critical if you're managing in C or D class properties where self-management may be a risk to your life and safety or severely restricting time you would otherwise be using for expanding your portfolio because you have money to burn and a portfolio size you're chasing.