Well, since you nudged me...I would say that going into business with a friend is the absolute best way to lose a friend.

You will not only lose money due to the lost rent, legal fees, and court costs, but tenants often do a lot of damage to the property.

I don't want to lose this property.

I can't afford to lose money on this house.

He screwed-up the payment to the furniture company, and the doctor's wife will lose her mind if the furniture delivery is delayed.

Coastal property in SC is very expensive and worse losing ability to be insured.

I spoke with my attorney (who is also a RE attorney) and he said unless I have ANY evidence (which I didnt because I was stupid and gave him all the forms), there was nothing I could do.All I can say, is luckily, I never put any money into it...so I really didnt lose anything but time....If anyone else has had any experience with this rip off of a company...post your story.

People with credit generally dont like to lose it.

A person with a 20yr credit history will lose less than someone with a 5yr history.

We're gonna do due diligence, full title search, appraisal, inspection yadda yadda yadda and if everything is everything we DO NOT want to lose this deal.