Anything nearing the end of it's life you should start a replacement fund so the repair doesn't sneak up on you with no way to pay for it.If rents are going to cover your expenses, start looking for a good handyman who can perform repairs if you are unable to do them yourself.

Also, third-party background checkers often just provide a “pass” or “fail” result, which applicants are then unable to contest for errors or inaccuracies.

If you don’t strike the proper-balance between risk-taking and precaution, you can find yourself facing obligations that you’re unable to pay.

we are looking to buy our first flip house and we are unable to get conventional loans as the property is foreclosed and they will not turn the water on.  

Worst case scenario would be getting into this property and being unable to sell due to a pending lawsuit from someone claiming interest.

If I am unable to charge a high enough interest rate without being classified as a predatory lender, I cannot, and will not, make a loan.Of course the federal government didn't understand this which is why their old Title I loan portfolio has a repo rate of around 60% and why the GSEs fought so hard to quash the new Title I program.

And he came up in TWO different castle threads yesterday:http://www.biggerpockets.com/forums/56/topics/88100-flippers-unable-to-flip-a-new-york-castlehttp://www.biggerpockets.com/forums/99/topics/88175-wheres-that-guy-who-bought-the-castleBut here is the thread showing his experience with castles:http://www.biggerpockets.com/forums/49/topics/63412-i-won-a-castle-in-pennsylavania-anyone-know-a-hard-money-lender-for-here-

He has been unable to work out a reasonable course of action with his banks and seems likely to be upside down on the financing.

The nearly $700 expense couples with my next challenge: after closing at asking price and paying all closing costs, I will be completely out of cash, and unable to afford any unforeseen expenses.

What if you become disabled and unable to share any previously-agreed on duties?