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As you may have currently guessed, all of these things happened to me, after I had actually collected 26 rental homes. In truth, usually, all of these issues happened in the exact same month. Now, for awhile (when I had about 10 homes), if someone failed to pay lease, I might cover it with the nine other payments. However when 2, 3 and often even 5 renters didn't pay in the same month, it was ravaging to my organization. I had to go to my business account and pay up to $3,000 at a time in mortgage payments, without any income to cover it. Plus, I had to pay a residential or commercial property management company to get my renters to pay or to evict them.

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