Don't want to set myself up for failure.

I'm evicting one of the present tenants for failure to pay the rent this month Turnover is pretty steady after 1 year lease if you get that far.

Getting into a bidding war or being competitive with other investors is a sure path to failure.

Trying to blindly apply my current strategy in another region would be a sophomoric attempt, most likely leading to failure.

Is there a cost difference on the actual roofing portion if you let the roof go till failure?

The failure to pay must be characterizedby deceit, evasion, false promises, or otherdistinctly culpable circumstances indicating a deliberatenonpayment or grossly indifferent attitude towardone’s just obligations.

Failure to bring a demand letter to the attention of your attorney could result in;A) Your attorney being ill-prepared for litigation when it arises.B) Your attorney is unable to properly negotiate on your behalf due to lack of information.For anyone outside the state of Virginia, strongly consider consulting your own local attorney to determine what could happen in your state should you choose not to bring a demand letter to the attention of your own attorney.Disclaimer: None of the above should be considered legal advice.

Success or failure on rentals is greatly impacted by turnover and vacancy.  

The Problems:Flipping relies upon market condition, there is a great deal of speculation, market cycles based upon macroeconomic trends and timing can have huge effects upon the success or failure of the strategy. 

You will also need knowledge and experience or the treatment will be a failure in most cases.