I will also clean up anything left outside the units (multifamily) and send the tenants a bill14) failure to keep maintenance appointments - I will bill the tenants15) (I added this several times throughout the lease) If I don't like the way you care for your residence, I will serve you a 60 day notice to vacate instead of offering a lease renewal.16) landscaping rules17) smoke detectors/CO detectors18) I require renters insurance (this is a new policy, but I think renters insurance is worth it)19) Waiver/Breach20) RULES FOR ENTRY!!!

Understanding these are likely D class neighborhood, what are some success/failures any of you have had with these types of properties in your portfolio?

Buying out of state as a newbie opens the door up for failure 

@Aurelien Bonin basics of education are the basis of your success or failure in the syndication business, that’s why consuming the right information on multiple channels is a constant must.

I have found lending gets me excited in the morning just as my engineerings job did.The only experience I will want to share now is my first failures.

Failure to file the form (#3840) will result in retroactive tax recognition in California. 2.

Correct me if I am wrong here.See below.COMPLIANCE SAFE HARBOR OR PRESUMPTIONThere are significant penalties for failure to meet the ATR requirements.

But part of the reason this site exists is to ask what success and failures others have had in different situations.

Condo-hotel projects for the most part in the United States has been on big failure.

However, without trying to quantify the problem, the chance of failure becomes imminent so try I must.