Poor management of contractors is one of the most common reasons investors fail to make a profit.

my reply:  Google: What percentages of small businesses fail:Google:I think your argument fails to take in the potential for your investment to go to zero.  

Don't be afraid to fail or to have setbacks, expect them.

Don't be afraid to fail or to have setbacks, expect them.

My partner was approved for a home loan but he has a charged off account his ex wife’s put in his name and failed to make the payments.

My partner was approved for a home loan but he has a charged off account his ex wife’s put in his name and failed to make the payments.

This fails the 1% and 2% test on evaluating if a home could be a good investment.

Assuming competence all around, generally loan officers are completely indifferent to who the SSP is, but when that assumption fails we get very picky.4) No yelling at me if, in spite of all that, stupid frustrating things are introduced into the transaction.

I've seen backflow preventers on whole buildings that fail and discharge into a indirect waste recptor. or in some cases they are doing their job and theres a underlying issue for backflow. 

@Joe Smith if they have failed to provide financials requested, that’s an easy out.