#2: Landlord Mentor: They need to be willing to teach you basic landlording skills such as Contractor Stable(Finding, Maintaining, and Gut-Checking Contractors), Standard Operating Procedures for dealing with Crises (Collapsed Sewer Lines, Blown off roofs, Hot Water Repairs, AC Out, Mold, Tenant Disputes, etc. etc.), and Debt-Collection/Evictions (How to Bleed a Rock.)

If the deal collapses and I would lose everything, I'm out.

I can't help but think that in the next recession/depression, prices are going to absolutely collapse.  

That trigger the collapse in Q3 2022 before rebound in Q1 this year.It seems if there're more aggressive buyer that driving up the price, lot of people want to sell at the same time too.

However coming to my senses, I realized I was damn lucky the thing hadn't collapsed over and hurt someone.

I am not worried about the same type of subprime mortgage collapse, we had in '08, but I would imagine as people start to go down the debt rabbit hole that owners of apartment buildings or many SFH rentals will face an increase in non/late payments.

And with that there is a known life cycle of "empires", and the final stage before collapse is, the age of entertainment.... 

If the deal collapses and I would lose everything, I'm out.

This seems very odd that a ceiling would collapse.

Or, you can play games with your job title and expose the agent's license to unlikely but possible scrutiny.Or, you can tie up sellers with options and find good ways to market properties yourself or even refer to an agent who does or doesn't compensate you.Honestly, KMP, getting your brokers license will not taint your deals or cause your world to collapse and will most likely make you much easier money than you will believe without jeopardizing the wholesale operation you have now.