I expect The Chosen One to be a bigger failure than Carter!

We are talking about ALL asspects of RE investing and having someone with years of experience, trials, test, failures, etc. allows the newbie investor to avoid some of the errors and mistakes that can ONLY be learned from years of experience.For instance, over the years, I have developed several checklists for several things.

You had also said that why would I risk having a failure on my record, Everyones going to fail you can not succeed without failing.

Their past failures, 1.

Anyone who expects to succeed but is not prepared to seriously learn the field, is a good and deserving candidate for failure.

Since these amounts are made a part of the rents then due, if they are not paid it becomes a failure to pay rents which can lead to termination of the lease and rents can be had by a judgment.I suggest you make any fine a per day assessment instead of a large amount that may be more likely to be contested.The first time I used that arrangement was with a property that had city financing and my lease had to be approved, the city attorney called and said he really liked the lease and had never seen where a landlord could basically fine a tenant, but that it was not only legal but passed HUD requirements as well.

You're setting yourself up for failure by only fixing half the problem. 

I'd hate to think that it is impossible to bounce back from the failure like the one I experienced.

I would also put in a union in an easily accessible section of the run that you could unscrew easily.In a Connecticut, winter if there were an equipment failure, there's always a chance you might need to unfreeze the pipes anyway and the easiest way I can see with that setup is with an arc welder.If this info just looks like technobabble to you, show it to your plumber.

Stick to your goal and prepare in the meantime don’t go off half cocked there are serious opportunities to make a great return, or a really dismal failure-be ready.