They made the bank think that Joe wouldhave to do the collections and secure the collateral.

IMO I do not believe they properly screened my tenant, just placed a tenant so they wouldn't have to cover the mortgage until a proper tenant was secured.

The vast majority of lawsuits against landlords involve wrongful eviction, security deposit disputes, and Fair Housing Violations.

The key is to secure financing options before finding a property, ensuring you have enough funds to move quickly when a great deal arises. 

Flipping is probably a little more intense, but can still be done with a day job, but again, my average flip versus my average rental: flip has made much better returns.And as for generational wealth and handing down something to your kids... well, I guess I view it as: if I can hand my kids a $10mm trust fund held in public securities, or $10mm real estate portfolio, they are going to be pretty set either way, but a real estate portfolio will continually have costs and work, a brokerage account is a bit more set and forget, with some periodic rebalancing.

Santarelli as an absolute industry expert (podcast, websites, press, social media advertisement) cause investors to have a false sense of security.

If they don't you personal financial situation plays a bigger part in securing a loan. 

Be aware of state usury laws and consider collateralizing the loan for security.

You should secure that switch (or that area), so you can control who accesses it. 

My front is similar with packages delivered most days and being very confident if delivered to the front door that they are very secure.