Also the limited commitment (1 year leases make it a bit better to be flexible, as your investments do well or poor you can adjust your housing expenses accordingly.)

If you're fully committed/comfortable with owning long distance and hire a property manager then I would not limit yourself to only Las Vegas because it's a 6-7 hr drive.

I am 100% committed but I am feeling discouraged about my decision to focus on flips.

If a crime has been committed that would be contrary to the T&C's of the lease, then you can take appropriate action, if necessary. 

Personally, I don't commit to selling just one type of real estate.

Be sure to get a title commitment first and see if there are any liens against the property. 

We took an early pass on that building as it required more commitment to the City than we could make.

Not to mention that it is a years long commitment.

There is no sure fire way to 100% prevent it, however, this is what I do: Each investor I add to my list, I inform them upfront that if they commit to funding the deal and then back out, I will never do business with them again and may tell others in my inner circle about my experience with them.

The contribution limits on defined contribution plans are limited by the government.A defined benefit plan, on the other hand, represents a commitment by the employer to pay some amount of the employees salary in retirement.