My point was making a bad or poor decission won't really constitute the issue being beyond your control.

If you focus on learning what constitutes and how to find good deals you will serve yourself very well.  

For example, if I put in my house rules that these rules constitute a warning and if you violate them you'll be removed? 

And they will know your local conditions and what constitutes "warm" in your area.

I would define "proper notice" so that there's no confusion or disagreement about what constitutes "proper notice". 

Hopefully too, the installment contract was made prior to Dodd-Frank or you may have other issues.Speaking of installment sales and buying the paper, I'm not really sure who the IRS hits up under the new "equitable exchange" rules that constitute a sale for tax purposes.

@Morgan NilsenThere is a formula in finance for determining leverage:http://www.investopedia.com/terms/d/dfl.aspAs a business owner you have to determine what constitutes "over leveraged."  

Hello BPers,I guess this constitutes as a 'do it yourself'.I replaced the mailbox today at one of my properties.

If I recall, the verbatim language in the statute is something along the lines of "Simply owning real-estate itself --- by itself --- does not constitute doing business in Pennsylvania." 

Here's how the rent is handled, the process for addressing repairs and what constitutes an emergency among other things.