But joining a good Mentor and Networking group can be advantageous if you are missing any of the needed components. 

and there's cleaning, carpet, painting, patching.

If rent payments are missed or damages occur, this gives you legal recourse against any or all tenants.Best Practices:Professional property managers, like those managing rentals across North Texas, always screen every adult living in the home.

I missed the part where the rentals will be in Indiana.

Unless you're in the right market, traveling nurses can be hit-or-miss.

Can I purchase the rods and charge back to tenant as missing/damaged window treatments when originals were blinds?

It is hard to respond to this without fully understanding the issue and missing pertinent information such as what market etc. 

I'll also want to have more reserves available the more properties I have.Am I oversimplifying or missing something? 

Because in vast majority of cases these same tenant applicants a few missed paychecks away from bankruptcy; are working only 1 job.

However, finding this thread is an even bigger sigh of relief for me, as it shows that I'm definitely not missing out on anything by not giving this guy my hard earned money.