While you may need to sift through less serious inquiries, I’ve successfully secured some strong deals and valuable connections through these platforms.

Ask him what makes him feel more secure in the deal?

Not sure if we can mention names specifically here in the forums so you'll want to search Google for rent collection for landlords or similar.Highly recommend having security deposit and rent hit a separate bank account from your personal. 

These sellers are not motivated by distress, but if a seller does engage and declines to pay the commission, will the representation agreement suffice to secure compensation, or will we still need to execute the compensation disclosures?

You would need to file a proof of claim for the monies owed and hope you secured it by a deed of trust.

This includes understanding your budget, securing financing if needed, and determining what you can comfortably afford.Research is key.

You will then need to ensure you can program ,manage, secure and distribute the conditions of the contracts and the reimbursement of the coin.

Leveraging strategic market appeal, we turned it around the same day, securing a sale at $160,000.

Also look at having a security alarm and cameras put in.

The fed did lower rates more or less directly in 2008 when they started buying agency mortgage backed securities which sets mortgage rates directly.