Holding costs (insurance for vacant property, utilities, and interest payments for Hard Money Loans) can eat up your profits.

I've seen way too many people who "can't" work with these issues go out to parties, hang out with friends, go shopping, playing xbox all day eating sugar, etc.

I for instance never claim meals, I figure I'm gonna eat anyhow, and the paltry amount is not worth the hassle.

Every once in a while I'll spend more than the contingency amount, and it will eat up the contingency and some of the past "bonus" money. 

Aging roofs, faulty plumbing, or unexpected structural issues can eat into your profits if you're not preparedLocal Regulations Can Make or Break Your Plans:Zoning laws, building codes, and local regulations can vary significantly from one area to another.

Yokohama station has so many eating establishments that we can possibly find one there,I will share the date and time with those I know.Thanks,

You'll have to eat the fees or sell the home. 

I hate the weather in eat coast and will have to tolerate it for a year or two until I live there.3.

Townhomes typically have an HOA, which can be pricey and eat cash flow.

One might think they are going to go from 0 to 50 doors in 5 years, but things happen; if you don't get there, you may have just sunk a lot of money into something that is going to eat up any profit you would have otherwise made.