Partnering between two people both with no or limited experience; both with no or limited capital, or because they’re “good friends” and want an adventure together, will ultimately result not only in the failure of the partnership, but often in long term bitter feeling of blame and hostility between the ex partners.The partnerships that are successfully, both financially and socially, have most of these characteristics1- the  parties bring complimentary attributes to the partnership2- the parties are of a like mind concerning ethics3- the parties view risk - return the same way4- the parties goals are aligned5- the parties RESPECT one another 6- the parties are willing to defer to the other partner in that partner’s area of expertise7- neither party is under undo financial pressure8- each partner’s “significant other” is supportive of the partnership9- the partners have an agreed plan in case of death or incapacity of one partner10 - the partners have a legal, executed buyout plan in case one or both parties want to terminate the partnershipIf you’re considering going into a real estate, or any business partnership, you may want to consider the above and take a hard look at the chances of success.  

@James Nelson We had a failure due to low battery so you must have that backup key.

The proper way to crack down would be to change the Tenant Law to allow immediate <3 day eviction on any tenant that causes these "nuisance" problems and make failure to move out criminal trespass and send in the cops to enforce it. 

Without being able to see where that communication failure happened, I don't know what compromise to attempt.

IMHO a lot of so-called "emergencies" are really planning failures.

We want to help folks who _can_ be successful get over the stumbling areas, learn from other's mistakes not their own, and not create a long line of failures. 

Any failure to perform on the part of the seller results in the buyer getting everything except $250 back. 

You want your house to look like a good beginner home, or a step better.That LAST thing you want is a failure on your first investment.

Having said that, all that ratio tells you is what the failures are paying for their property.

Remember, most wanna-be real estate investors end up as failures and certainly my RE investments have been marginal at best (I never claimed to be good at this!).