It is much better to fail at a smaller level than at a larger one.6.

Yeap....those properties would all fail this beloved "50% rule" test too Charles.

Im 19 and have already failed in 2 business ventures.

And for no reason really... other than lack of time :D120 characters + interesting = potential, otherwise #FAIL ?

could the company fail?)

The odds of you actually succeeding long term in this business are so slim that unless you become an absolute maniac with figuring out and DOING the "Very Few Essential Things Newbies Need To Do To Get A Deal" then I am so sorry, but you will fail in this business.Prioritize what you need to be spending your precious limited resources on, and get psycho jealous husband with it.

This tenant had not been evicted, they just failed to abide by the lease they had with that landlord (according to that landlord).

As soon as someone notices that it isn't real ink it fails to become personal which is the whole reason to send handwritten in the first place.

I fail to see the problem.

And this is a prime reason why the majority of people who invest in real estate fail from the beginning by paying too much.It only takes one bad tenant, a long vacancy, a roof, a furnace (you get the idea), to wipe out years of supposed cashflow at Rents - PITI.If you're considering a buy and hold strategy, real estate is a very long term investment, and buying at a price that at best, suggests a positive cash flow is critical.