., called "Failure to Pay Rent" notices or "pink slips" in some jurisdictions).

There are no failures, only learning opportunities :D

This helps soften the failure of not meeting the $10K/mo goal.Still thinking about 2011.

Due to the failure to include this statement, I had to request another court date for the judge to re-grant permission for Writ of Possession, even though it was granted during the first court session!

Failure to pay your rent is a violation of the lease agreement.If you do not pay your rent on the day it is due, your landlord must giveyou a five (5)-day notice explaining how much rent and late fees you owe.The notice should also say that if you do not pay the rent and late feeswithin five days, then your lease will terminate."

However, in order to elect to terminate, BUYER(s) must notify the SELLER(s) and Listing Broker(s) in writing, on or before the expiration of the ten (10) day inspection period, of BUYER(s)' intentions to so terminate; failure to so notify will bar the BUYER(s) from termination under this paragraph.

They include: insect damage, structural failure, collapse, etc.....

The only downright failure I had was with some PMs, but those PMs were with earlier turnkey companies who bottomed out.

The success or failure of a RE investment is a function of DESIRABILITY, which needs to be considered from several perspectives:A.

we can probably learn more from failure stories than success stories.Success stories can be a good motivational tool