If it fails due to improper care, abuse, or neglect by the tenant then it costs them.

They will not last very long from the abuse of renters.

The advice always comes from the idiot broker with his face on a bus bunch (worst marketing tactic EVER) or the lawyer who charges $200/hour to tell you you can't do whatever it is you think you want to do.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

The property management & contracting business is one that is easy to abuse, you'll need a full-time staff of qualified people to tear up *every* invoice looking for fraud & abuse & a network of field reps to inspect the jobs.

The building was purchase to be a place where substance abusers could go after rehabilitation, but the building owner found another location that he was more interested in.  

Plus, heaven forbid, if one of you gets hit by a bus, now you've got different partners who didn't have a role in the negotiation of the partnership.  1).  

Aside from what Ben has mentioned, I'd attribute one factor alone for the expansion of an investor's property portfolio in the past---the STATED income mortgage (the use and abuse of the same).Regards,Scott Miller

What if you 1031 into a property outside California into a state that will abuse you less with taxes?

I think something like 90pct of the sexual assaults against children for example are not from random people abducting kids off the playground....it's a relative everyone knows.