But unfortunately (or fortunately, depends on how you look at it) my old age and wisdom kicked in and going to jail and lossing my family is not worth a rent house.So basically I think we broke every rule of being a land lord possible.

Pretend you have girl scout cookies to sell.

The tenants who broke the lease found this to be reasonable, and we thought it was reasonable as well since we didn't have to pay for any vacancy costs. 

At the time I thought I was making money on this deal, but I really just broke event with all of the money I put into it.

Everyone said we would go broke.

Its not bad, I enjoy serving I just don't want to retire broke, want to somewhat do it the right way..

However, you don't get a "my tenant broke the lease" bonus fee, out of thin air. 

I thought i would learn for a year or two because i was just over broke, and kept listening to guys that were doing conventional buy and holds, thinking to myself "well this sucks, I'll never be able to save up 20%!!!!"

They habitually snipe at everyone else they know who does anything risky at all and in the end die whining that they should have done a lot more than they did.Make up your mind early to accept that failure is an option, and that learning from failure is valuable, and that being seen as a failure in business and life by the broke-a$$ judgey people you know is not the end of the world.

But they informed me that it was for the above ground pool they put in for their girls to mud wrestle.