Failure to pay administrative assessments with rents due shall constitute non-payment of rents due.I used this agreement on a property that had city financing, the lease had to be approved by the City Attorney, he loved it saying I could fine tenants for issues!

Partnerships founded only because neither has all the money to do on their own have a higher failure rate.Just broad stroke observations.  

I consider myself a successful student, and all courses have the successes and failures.

However, I understand that you can still have positive cash flow without meeting the 1% rule.I am wondering if anyone cares to disclose their successes (or failures) and share some tips for achieving positive cash flow in an up market.

I do - So why buy when there are formulas to Control and Roll  for short term profitsControlling real estate without the obligation to settle while in a profit situation is a great method of earning profits in the real estate business.Lots of mistakes are made by those new to the assignment business.Greed - they want top dollar  Buy Low Sell High (NO) - better ------ to Buy Low - Sell Low and do it often.The best formula is "Control Low - Assign Low and do it often"Hiding their profits from immediate principals - not being open enough with assignee's and sellersDealing with exit strategies and financing {list it - slow too many contingencies - possible unprofessional representation - Sell it yourself - slow - too many lookers and unqualified suspects}Failure to understand real estate auctions --- fast - all cash - no contingencies - as is ---Fast in Fast Out -Profits - Low in Low out Assignment - Do it again.Failure to education the title companyDeposit and escrow - consideration and instructionNot aware of proper Out clauses/contingenciesFailure to network buyers or spend $ on advertisingNot considering Hybrid OffersUsing long form self created or agent's contract - keep it simple us a Skinny OfferCharlie

Trapping 10% into an investment property where you have $25k to $100k sweat equity would not be a failure. 

Not to set them up for failure so you can keep the damage deposit.

Then immediately file for Failure to Pay Rent (FTPR).

Being assertive in any business setting is a gift that will definitely define your  success or failure.

Any violations should become part of rents next due and if unpaid becomes a failure to pay rents and is then a basis for eviction and judgments.