Your wax ring failed and saturated the ceiling below and likely the subfloor of the upstairs unit.

The major reason they fail is usually poor installation. 

I’d save up until you can afford to buy close to home. 9 out of 10 out of state investors I’ve known have failed.

Will we fail?

And if that property fails, it puts your personal finances at risk, as well.Increase earnings, reduce expenses, save money, invest.

Tens of thousands have tried it and failed.

I’ve been personally investing in tax lien certificates lately.If you don’t know what tax liens are, basically when a landowner or homeowner fails to pay the taxes on their property, a tax lien certificate is issued by the municipality that reflects the amount owed on the property, plus any interest or penalties due.These certificates are then auctioned off to the highest bidding investor.

If you fail to follow the rules, you may open your personal assets to a lawsuit.

When problems arise later on the manufacturer says it's not the product that failed it's the contractors poor application of the product that is causing issues.

This is the #1 reason why most builder's fail, if they own the land, the carry costs are relatively low, but the moment they tap into the land equity for additional capital, is usually the moment they are finished.