, which is indicative of either the broker having  no idea of what an appraisal entails and how it relates to the subject property or the mortgage broker is so weak that he is afraid to educate the borrower as to the reality of obtaining commercial loans without appraisals.

Start from there however it entails some hard work for everyone: you and your agent.

I would do research about the process of getting licensed in your state and what costs are entailed, then see how you feel!

Regarding nonrefundable deposit on lease option to purchase for a home selling for $375K.What does the nonrefundable deposit entail?

Physical investing is a whole different ballgame, you lack the tolerance and understanding of what investing entails.

In Michigan, that entails a 30 day notice to quit for lease violations.

While a higher purchase price may suggest elevated rental income, it also entails larger monthly payments, potentially impacting cash flow.

@Mike K.I'm super curious as to what owning this website entails. 

The CONTRACTOR knew EXACTLY what the work would entail the tenant did not.

It may be best to find a professional management to assist until you learn what management entails, enough to make a decision on if you wish to self-manage or not.