Not having a lease agreement at all or not having a lease that is comprehensive enough.Not collecting a security deposit.Being too lenientNot factoring potential rates of vacancyNot keeping enough reserves for those unexpected repairs or code violationsTurning a blind eye to illegal activity in your rental propertiesNot making timely repairsThanks,MH

Take ownership of your decisions instead of letting it fall completely on the shoulders of others, and you’ll be setting the stage for success.I would like to follow up on this NEWBIE Overview Series with more posts that go into greater detail on the particulars of land purchasing.

(Questions at the end of Post)Overview:- Hardship is difficult to explain but both financial and health related (This is my biggest concern)- I have basically been "robbing Peter to pay Paul" for many years to stay current on my mortgage payment.

I'm currently reading it, and must say he did a great job creating a comprehensive book with "straight to the point" detail.As for hands on learning, I'd suggest starting with building your network.

This allows you to focus on other important tasks while still being informed about the progress of your transaction.Access to ListingsReal estate agents have access to multiple listing services (MLS) that contain a comprehensive database of properties for sale or rent.

With that said, that is just the general over view.

I would recommendInvest in Debt by Jimmy Napier, Performance Anxiety by Gordon Moss, Fuquan Bilal's Turning Distress into Success, and for icing on the cake IRA Wealth by Patrick Rice.These are general overview books, they are relatively short and very simple to understand and very affordable too.

Some of them I manage and some of them I own with other partners who manage them.I would like to keep track of them in one location for ease and overview. 

Type of Policy Requested: Overview of your insurance policyReport Number and Contact Person.

There are other good books out there, but this is a pretty comprehensive one to start out with.: https://www.biggerpockets.com/store/managing-properties-physical.