Crime Prevention Through Environmental Design... look up the principles on the internet and employ them.  

We definitely don’t tolerate late rent but if the tenant communicates we usually work with them and the late fee should hopefully prevent them from paying late again.

Watch out for these five areas that prevent you from managing your time effectively.ProcrastinationProcrastination is one of the biggest time management challenges investors face.

Figured it was worth it to spend some money up front to prevent a nightmare down the road. 

The first pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments - these simple steps will help you prevent lawsuits before they even occur.

This will allow you to prevent a legal setback from resulting in liens on any other property.

This helps prevent waste.

On the flip side, if you find a good agent with experience, you will have a trusted advisor, a connection to other industry professionals and someone to guide you and prevent major mistakes. and BTW the buyers agent is paid by the seller. 

The first pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments - these simple steps will help you prevent lawsuits before they even occur.

Remember this clause is to prevent people from biting off more than they can chew or neglecting to make the rehab as promised because they caught a better deal somewhere else.