Good luck on your endeavors and perhaps you can do what many other investors have failed at.

I'm not judged by the number of times I failbut by the number of times I succeed and the nuber of times I succeed is in direct proportionto the number of times I can fail and keep trying.Lao TzuWhat had happened was!!!

That's why the vast majority of newbies in any business fail in a relatively short period of time.Mike

I would say that intelligence/knowledge is probably more valuable than passion (assuming you still have the drive to get something done despite lacking passion).You shouldn't be discouraged if you fail at something either.

How Theresa Hatt Caused The Financial CrisisBy Zachary Roth - February 6, 2009, 11:23AMhttp://tpmmuckraker.talkingpointsmemo.com/2009/02/how_theresa_hatt_caused_the_financial_crisis.php"...The rep's apparent intention, as Kelleher described it, was to mislead him into believing that he was obligated -- at first legally, then, failing that, morally -- to cover his mother's debt (which, in any case, was not large: she had had a $1000 limit on her card).

The seller wants you to fail.

I have written in the contract that if they fail to pay then the contract will terminate and they will be evicted as a tenant at sufference.

A property could be infested with termites, used as a meth lab, have a failing foundation, etc.

Failing that, I will turn it over to a property management company.

I just had another insurance claim where a $20,000 roof failed in 12 years.