@Michael Wetherby, even professional Flippers get it wrong sometimes, often then relying on their Lenders or their own deep pockets to keep them out of strife. 

If I was there person bringing the money in this case I would want some equity in the deal with the ability to oversee the person managing the job just in case things went wrong, but that may make your job harder then you would like it to be.Hope that helps...

But if something essential goes out, especially at the wrong time, then there may be no time for the home warranty company. 

Maybe they simply have the wrong address for the work order (lock change, etc) 123 W 123rd st vs 132 W 132nd st sort of thing.As for the stolen equipment, report it to the Police.

Some forums here said, yI can count the portion tenants occupy as my expense/income..I am gonna read up some more articles so apologies if I am making wrong statements here.

Of course there have been a few "wrong" times to buy in recent history but in the long run, the markets do continue to move in the upward directions.

The above person is wrong.

Wrong!!

Poor communication and wrong expectations What was the outcome of your partnership?

The problem is they’re wrong 99% of the time.