Reason #1: Paying above market value for property.
Reason #2: Lack of persistence.
Reason #3: Lack of organizational skills.
Reason #4: Lack of local real estate market knowledge.
Reason #5: Inability to stay focused on a single objective.
Reason #6: Failure to act in a timely manner.
Reason #7: No clearly defined exit strategy.
Reason #8: Lack of capital and credit.
Reason #9: Lack of clearly defined investment goals.
Reason #10: Unrealistic expectations.
Reason #11: Bad advice from unreliable sources.
Reason #12: Lack of planning.
Reason #13: Poor record keeping.
Reason #14: Lack of self-discipline.
Reason #15: Lack of basic real estate investment knowledge.
Reason #16: Lack of patience.
Reason #17: Lack of mental toughness.
Reason #18: Inability to manage time.
Reason #19: Failure to perform adequate due diligence inspections.
Reason #20: Failure to prioritize tasks in accordance with their importance.