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.

StanleyAny system that uses combustion as a means to heat anything poses an un-necessary risk...regardless of circumstance or cause any failure, diminished performance, or catastrophic failure with heating equipment ( stove, oven, furnace, water heater ) can have devastating consequences As a former public safety official I would never have any devices that use combustion as a means of heating anything especially as a landlord Best wishes for your continued successBob

The general public simply does not realize how difficult it is to be a successful RE investor Agent entrepreneur.. the failure rate is 90% for wholesaler investors who have no money when they start.. and about 30 to 40% of those that want to be a RE agent will succeed long term.the simple reality is there are far more folks with the dream than there is room in the industry .. if all these folks who want to get rich doing RE actually did deals we would not have any deals left..

I agree and I hold the PM accountable for this failure.

Keep reading, researching, learning and networking to gain as much knowledge as possible on REI, the different strategies, different peoples success and failure stories, etc.2.

As I understand it, if he refuses to sign the paperwork I have grounds to sue for failure to perform.