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As you may have already thought, all of these things occurred to me, after I had actually collected 26 rental residential or commercial properties. In truth, often, all of these problems happened in the very same month. Now, for some time (when I had about 10 houses), if a single person stopped working to pay lease, I could cover it with the nine other payments. But when two, 3 and in some cases even 5 tenants didn’t pay in the exact same month, it was devastating to my company. I had to go to my service account and pay up to $3,000 at a time in home loan payments, with no earnings to cover it. Plus, I needed to pay a home management company to get my tenants to pay or to evict them.

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