I disagree 100% - this is a business, not a charity... succeeding in Detroit is VERY difficult, there is no time for weakness. 

Your liability comes up when you have a weak criteria and/or don't adhere to it.

Tenant hadn't paid any Aug rent and previous owner told me he is a chronic late payer.

If the female moves out then you are left with the weak/failing applicant.

If we accept a tenant that has a weaknesses in income history, credit history, housing history, or legal history, we will ask for a greater deposit to cover our risk.

If the rental market is strong in your area I don't think you'd have a problem, I don't think that many people would care and again if it's limited supply they might not have another choice.If it's weak in your area... it probably will be harder to rent unless you make it a good deal but that is probably more to do with supply than the cemetery. 

I'd be happy to further discuss my thoughts and feedback on each of them; just message me.I think it comes down to your personal goals, business goals, strengths and weaknesses, and what specifically you're looking for out of a coach or program.For example, if you are fairly comfortable with numbers and know that you want to focus on acquisitions and underwriting, you might look for a mentor that can help you further hone those skills.

If that's their game plan, it's pretty weak as far as cons go, and not even very profitable--they'd be better off financially giving me my cut so that I can continue bringing deals to the table for the remainder of the two years.

If supply is plentiful and demand is weak, prices stagnate. 

Leverage is tested during a weak market.