At the risk of using a cliche, "those who fail to plan, plan to fail."

Things work but wondering whether I should be proactive or just wait until it fails. 

But the market is still pretty soft in the area, and I need around $165,000 in order to break even (5% commissions, closing and lawyer fees, plus paying off the 1st mortgage).I've tried and failed to refinance the property on multiple occasions, even through the HARP 2 program, but everyone keeps coming back with, "you don't have a 75/25 LTV ratio, so we won't touch it".

Can someone offer insight on wholesale fails or things not todo.

Fail quicker and get where you want to be faster.

Everyone was saying that the economy sucked, Europe would fail, too much risk, on and on.

I bought a foreclosed rental back in April and finished off the rehab that the previous owner failed to finish.  

Its all on you to do your own due diligence. neither the agents nor in fact any municipality will accept liability for your mistakes if you should fail to protect yourself.

I know I’ll fail my math is 0

We could take action if needed to if they failed to make their payments.