Rent may be increased to the market rate if tenant: voluntarily moves out;does not pay rent and is evicted;violated the lease agreement and is evicted;is evicted for failure to comply with a Tenant Habitability Plan; oris evicted per a City Attorney order.accepts a Tenant Buyout Agreement Rent may be increased once every 12 months by the allowable rent increase percentage.

These last four years have been extremely difficult, yet exciting, and I have kept up my focus throughout every failure, now, I'm very proud of my professional capabilities and can take on all sorts of residential real estate projects.

The problems is they didn't do much besides give them a warm blanket and set them up for failure.

Another issue comes into play when you advance more than was originally requested, it's better to say no and leave the failure on the borrower.

Read all about here: https://www.biggerpockets.com/renewsblog/2015/08/26/5-lessons-i-learned-from-real-estate-disaster/Or some of the many smaller ones: https://www.biggerpockets.com/renewsblog/2015/02/04/confessions-serial-mistake-makerreal-estate-success-failure/

This is a major contributing fact to failures in real estate investing.Smart investors do not begin having bad debt as a albatross around their neck.

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

Failure to act respectfully toward another tenant, guest, or neighbor, shall be considered a breach of this contract and may result in termination of the renter’s tenancy.

Failure is never an option.

Failure is not an event.