9 quick ways Investors end up in foreclosure

10 fast ways to ruin an Investment Property-Don’t do this and you’ll be fine.
The forget about competitive advantage from one house to the next, they overlook the fact that the cheap house might be in a bad area. The forget about the job market, the forget people like big open floor plans. The face the facts, see the proof and consciously choose not to succeed by worrying about all the “what if’s” in life. Just pull the trigger. They get paralysis by analysis and choose to do nothing rather than replacing their job and earning lots of easy money. That’s what bad investors do.
Now that you know what not to do, let’s take a look at what you should focus on. Focus on Cash flow and risk reduction. Make sure the houses on that street and the surrounding areas look good and occupied. One quick way is to drive the neighborhood in the evening on a Saturday or Sunday night and see how many lights are on. You don’t want the one good house on the bad block. Be doubly sure you can fork out a couple hundred bucks for a plane ticket every year. Why not? Its a tax write off! Plus, you can visit your team. Nothing is more important! Make sure your Insurance policy covers damage if the house sits vacant, and make sure you try to get rent replacement coverage too. It will let you get a months rent if for some reason something major happens. If a tenant leaves and someone breaks in and vandalizes your house you need to be sure you can get funds to repair.