Remember that most things start to give you signs they are failing month or years before they actually "let go" so if you are often repairing a large expense item be wary and contribute more to your buffer.

My mortgage company doesn't reduce my mortgage payment when something fails.

I failed to mention that the property has been renovated and has been on the market for a while, although houses around it are going.

In a true partnership, if one fails, all have failed and it is everyone's fault.

A party who enters into a rental agreement on behalf of the landlord and fails to comply with this section is an agent of the landlord for purposes of: (a) Service of process and receiving notices and demands; and (b) Performing the obligations of the landlord under law and under the rental agreement. 4.  

Any attempt at walking a line between the two is destined to fail.

Free Advice: Create two LLC's one for flipping and one for your passive as this will prevent domino effect if one aspect fails and make sure you setup proper firewalls to prevent commingling funds. 

The reason I ask is I have had 2 separate offers accepted only to fail during an inspection.

Sorry, looks like image upload failed...Here are imagesEuclid OH - CensusCleveland OH - Census

People over and over attempt to overlay the typical PM Game on the Detroit Market is fails every time.If you want to do Detroit it has to be personal.