The well driller ended up running into  problems with a high volume but very low quality aquifer at a shallow depth that blew out the well multiple times.

That's a 5% EBITDA but from my experience, that's pretty bad... maybe it is good for REI?? 

But if also stopped up, it's a bad combination.

It’s not as bad as it sounds.

@Deanna Boss It is great that you are not letting a bad experience end your landlord journey.

Especially considering the quality difference.

Basically you assume several exceedingly bad and increasingly unlikely scenarios and see what your finances would look like.For instance, look at what your numbers would be if 2,3 or 4 units went vacant and you had large capex expenses like a new roof.

So as you can see this is not exactly mom and pop type of hey I want to buy a rental house guy wont sell... its was a fight and we were out 45k in cash so we kind of had no choice.. if it was a normal deal with EM that was modest and sitting in title.. well we just would have cancelled got that back and moved on .. no way we would have done all this. and I don't believe in OUR state the judges may rule with the homeowner before the big bad investor developer. 

Does anyone know of any database (or website) that allows a landlord to report a "bad tenants", i am not talking about credit agency. just a simple database that allows a landlord to report a tenant that caused damages or did not pay rent?

I think every LL needs a legal means to get rid of "undesired" tenants without the effort/bad feelings of terminating a lease or worse an eviction.We use month to month lease and have never terminated a month to month lease for any reason other than missed payment.