This is something like an option.Think of things like failure to pay rent or other fees that are due; what if tenant moves out; tenant damages property.

The other problem actually falls squarely on the investor and that is a failure to be good stewards of their money.

ALL ENDING IN FAILURE. 

So, in my opinion, that T&P failure would be unlikely to cause the explosion referenced by Bill even secondarily. 

But by wanting a prenup you are planning for failure before you are even married.  

A 550 score will always be due to failure to make payments.

One potential tenant I had with an absolutely terrible credit score as a result of Bank of America illegal foreclosing on her, another tenant had made some pretty bad automotive purchases in the past that resulted in them getting repossessed for failure to pay; however, she had never ever once missed a payment on her mortgage and just needed a place to live in the interim after selling a house.

Impose a legal and sufficient late fee, consider it additional profit, but be ready to evict at the first sign of actual failure to pay.

,From there this data will tell you (what is selling) what buyers want and (what is not selling) Expired's,withdrawns,etc.Focus on what buyers want NOT what sellers want to sell.First year is a 90 percent failure rate for agents.How much reserves do you have to survive on for yourself for your family before you have your first closing??

Outstanding liens with failure of the lender to foreclose are abundant right now.