And more often than not, it doesn't work out.  

At least you understand the issues of borrowing money, though that won’t stop lenders from soliciting you, as you can see.Lastly, partnerships between friends like this never seem to work out.

They buy Class C & D properties expecting Class A results - and it's everyone else's fault when it doesn't work out.

Sometimes it might work out how they want, other times differently, other times not at all.

Hello Matt, did you ever make that purchase if so how did it work out? 

Please let me know what you do also here in BP as FB doesn't work out for me.

And also not a dig on Brokers  but Brokers can basically offer zero help in most instances if your having issues.. they get paid to close the loan then are out of the picture they have no authority to do workouts or modify terms etc U would be working with the actual lender then.. 

I mean if people stopped paying the chance of them repaying is not all that great it happens of course but the chance of then going back to bad behavior is very high.. if you get them to work out fine. .but you certainly go into this knowing that your going to own a lot of real estate.. 

@Samantha Soto For someone that has a history of not paying I would not recommend trying to work out a payment structure with them alternative to the lease they signed.

.- Stay Persistent: As you mentioned, not every deal will work out. keep learning from each experience.- Balance Learning and Doing: While it's great to learn, make sure you're also taking action.