Because at some point you may additionally have a major event/appliance failure and a large expense will make it even more expensive mistake. 

The annual failure rates is around 88%.

The penalty for failure will be significant, to put it politely.

Copper lines usually go bad from acidic water which lets the copper develop pinholes; occasionally you'll have solder joint failure.

All good points.In my opinion there was a huge miss on their part and big failure in communicating earlier they were facing this many issues.

Grocapitus record : 50%+ failure rate.

Assuming you are not subject to rent control, file the Failure to Pay Rent form and start eviction proceedings.

One of the biggest things that Pace teaches is to give more than you take in the group and believe me, so many students offer to help those that have not closed their first deal yet, share information/lessons learned and also share their successes as well as their failures - because you can learn from both.Also, this is a LIFETIME membership in a group that supports each other.

As you can see your failure to manage and communicate and also making assumptions to get out of doing the work to deal with the changing situation causes you a lot of hassle in the end.

It will be an extremely risky proposition and likely end up in failure.