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As you may have already guessed, all of these things occurred to me, after I had amassed 26 rental properties. In fact, oftentimes, all of these issues took place in the exact same month. Now, for awhile (when I had about 10 houses), if a single person stopped working to pay rent, I could cover it with the 9 other payments. However when two, three and often even 5 renters didn't pay in the same month, it was devastating to my organization. I needed 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 had to pay a property management business to get my renters to pay or to evict them.
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