As far as a great strategy to deal with bad people, relying on the legal system is probably the best way.

That's what they rely on the lender to do...

I’m planning on taking the 90 hour training course so I can sit for the exam and no longer have to rely on realtors for open houses, MLS listings, etc.

My goal is to obtain $70,000 in passive income with a long term buy and hold strategy withing the next 10 years.I want to achieve this so that I can comfortably travel the world and gain life experiences, spend more time with friends and family, and pursue any other goals or interests without having to rely on a full time job. 

You can't really rely on market appreciation although it has been steady. 

I've been able to find roughly 1/month without investing time or money into my own marketing, but there is a definitely ceiling if I'm relying solely on the MLS and wholesalers.I'm hoping that with a three-pronged approach, with 3 streams of leads coming into my business, I can find 36 deals in a year.So 3 primary questions around marketing through mailers come to mind:1.

The best advice I can give is this: DO NOT RELY ON THEIR NUMBERS! 

Both the secant method and the improved formula rely on initial guesses for IRR"!

Do not rely on prayers, trust in yourself.

I'm based out of state and would be relying on a property management company to handled the day-to-day.