95% of part-timers fail because of the same reason.

This means the 50% rule fails now (50% + 60% = 110% --- 10% more in costs than rent), and other cost estimate methodologies seem to yield negative net cash flow.Am I thinking about this correctly?

Although rents increased by 2% annually, the purchasing power of this income is equivalent to $4,325 in today's dollars.Year 10: $5,000 x (1 + 2%)^10 / (1 + 5%)^10 ≈ $3,742Year 15: $5,000 x (1 + 2%)^15 / (1 + 5%)^15 ≈ $3,237Year 20: $5,000 x (1 + 2%)^20 / (1 + 5%)^20 ≈ $2,800Due to rent increases failing to keep pace with inflation, you won't be able to maintain your standard of living.

If they fail the second inspection, I terminate their lease and remove them as quickly as the law allows.

My spouse and I didn’t learn our lesson here and took on a second partner in a real estate/restaurant operation and ended up again having to have legal action to sever the partnership when it failed.

Coaching business is failing, streamlined business is on it's last legs, posting 4-5x day new threads trying to catch the validation.

The landlord could be held responsible for 3x the deposit if they fail to do soWhat provisions are in the lease agreement you signed ? 

I know a vacancy is tough and it can be hard to find tenants in the winter, but you have to weight the costs and benefits and decide.If it's harder to find renters in the winter, try offering a month-to-month lease just to get through the winter, then move back to a one-year lease in the spring.

Large investment in a failed area,City should be paying investors to take those chances.

You wont fail.