The good thing is you are responsible for your success (and failures.....and you will have failures!)

USAA even allows you to deposit a check using your scanner or iPhone (NO MAILING REQUIRED), and the executives at both banks haven't been to Capitol Hill begging for a bailout nor handing out multi-million dollar bonuses to failures.

The fact is that your problems have arisen from the failure of your landlord.

I don't yet have much insight as to the reasons for the past owners failure.

lots of mistakes, but far from a failure.

The most successful people in the world also are often the people who went through the most failures along the way.

Failure to perform due diligence/listening to "blue sky" from agents!

Analysis Paralysis is the number one reason for failure in this business.

Failure to do so does not change in any way the obligation the borrower has to the IRS.The IRS has a page on its website where it describes how to petition the IRS to have the taxes waived.

I know the potential risk of my tenant trashing my rental is there, as well as unexpected cost of potential failures in HVAC, roofing, etc.