If you are Gambling I’m Appreciation, understand that’s not investing but a bi-product of a moving market.

If you don't have at least three at an absolute minimum, you're really gambling with your livelihood.

It's a gamble.

A new Section 8 tenant was in within two weeks so no real interruption in cash flow; the neighbors were thrilled as were we. 

She wasn’t exactly thrilled at the idea (naturally).

I'd be thrilled to make $10k after all costs, and have had the experience of getting my first deal finished. 

I remain convinced that there are worse ways to make a buck in real estate, far more offensive to God, than by giving superstitious people a little thrill.

I don't condone an investor exploiting a needy contractor and at the same time , I don't encourage contractors exploiting 70 yr old or some innocent  home owner who thinks he has to pay 66% before job starts .Maryland laws seem to be much better , so that's definitely a relief , Just like how you don't want to depend on " government/laws" to recoup your money , the home owner also will not be thrilled to approach or use one of the so called stringent laws you mentioned .

Isnt this a safe way of gambling.

Just another reason why I am thrilled to be on this site because of professionals like you who offer advice.