He will no longer have his daily cashflow decimated due to daily debits, which can sometimes lead to overdrafts.Business owner will be able to get his credit back in shape.Business owner will exercise his right to re-purchase his home as he'll be qualified for a HELOC / 2nd mortgage.He will have learned his lesson, I will have made a nice return on my capital while holding the deed to the property where he owns 50% equity as my security. 

Here's a mini Google AdWords lesson you can start to implement TODAY!...

We have learned a huge lesson and feel better about making future decisions.

Still, we got back in the saddle and kept on buying rental properties as I'm sure you'll do.As you noted, the big lessons here are to regularly review your insurance and always screen tenants.

I think this was a nice learning lesson for Kim and for all of us. 

Lessons learned. 😏 I've got a great electrician.

Lessons from the evolution and consolidation of the hotel industry in the 1950s and 60s are informative in understanding the potential for this seismic growth impacting the lodging industry decades later.The history of hoteling – from grand hotel to international brand:According to a December 2013 article in The Economist entitled “A Short History of Hotels: Be My Guest,” the age of the grand hotel lasted from 1860-1960.

I've had some hard lessons with bad tenants over the years but overall I am doing pretty good.  

Good or bad, the lesson is in the outcome.

It's also a good lesson for newbie landlords...