“If you want to increase your success rate, double your failure rate.”- Former IBM CEO Thomas Watson

They agreed to pay in accordance to the lease and failure to manage to the lease is the #1 reason why landlords fail (Source: American Apartment Owners Assn).Cowboy up and stop having the tenant control your ROI.Best.

I found out the failure rate is 95%. 

Failure to cure will result in eviction. 

It could be a massive failure, but it could also be a small - moderate, LTR win.  

I’m looking for mentorship from other investors in this forum to help me identify deals, help avoid common pitfalls and learn from failures. 

We know they’re hard working and would like to continue working with them rather than move toward foreclosure, but we know they’re in over their heads if we continue under the current terms of the mortgage and don’t want to set them up for failure. 

Quote from @John McKee: What are your successes, failures, and aha moments?  

Pretty easy to not check this and have a failure after you close...

The failure to fulfill basic employment obligations, coupled with wrongful terminations, indicate a lack of integrity and professionalism within the program.