I once heard a pastor preach about the fact that the scarecrow is placed where the harvest is located, and only the old or more experienced crows know that they are to look for the scarecrow and head TOWARDS it and not away from it to get their dinner.A lot of very successful people use their fear as a fuel (the same way they use a refusal, a rejection or a failure like a vitamin).

It's around 25 years old with very minor failure.  

We thought about writing a new very strict lease (month to month) to cover all the bases and have them agree to it but I feel I am just setting myself up for more stress and failure. 

My point is if you scale too fast you may be setting yourself up for failure.

Important to my wife and I, anyway.I couldn't agree more about the nature of the site and how it seems to emphasize much more heavily the successes than the failures. 

On top of that real estate has a high failure rate anyways.

Her are a few examples: IRS Tax Liens, Errors in how property was transferred 50 years ago, failure to properly notify an interested party about the auction, unpaid estate taxes of a prior owner who died while owning the property, etc.

Tenant suffers damage due to flood for failure by landlord to inform him that the property is in 100-year floodplainA 100-year floodplain refers to any area of the land designated as a flood hazard with 1% or greater chance of flooding each year by the Federal Emergency Management Agency.

Failure to vacate by X day and X time shall result in holdover rent being owed as well as an action for eviction being filed against the tenants. 

IIRC, it said it has a 12 year warranty and it was right at 13 years old.Its failure mode?