Even going through the worst housing downturn in US history, my home in Utah appreciated 60% over 12 years, an average of 5% a year. 

Worst case scenario you can refinance out of the deal but best case scenario, you've accomplished the same goal.

This is because they automatically assume the worst like you are currently engaging in using your home for financial gain. 

And its in Cook county which is one of the worst counties you'll ever find for eviction laws (4 to 6 mos to get someone out if they know what they're doing - and most do).

As a landlord, I generally do not negotiate on my rents or security deposits but I admire a potential tenant who wants to negotiate terms and the worst thing that can happen is that the landlord says no.

At worst, massively misinformed and irresponsible. 

Definetely will take heed to the best and worst case scenarios you suggested.  

Worst you can use your licens for your own investment advantage and at best you're helping other people. 

. --- -----------------------My current residenceRough value $130k, --  after moves have been completed above - it would have projected financials below$15000         Gross Rental income (figured $1250/mo - however $1400+ I think is realistic) (13132)        Projected expenses - P&I pmts of $100k am @ 30 yrs @ 5.75% (shooting high)                     5% vacancy, 5% cap ex, lawn care, insurance, mgmt fee, taxes--------------------------------------------------------------$1868          yearly cash flow - should be worst caseAfter all of this I should be left with $80-100k in cash to purchase rehabs or further buy/n holds

The worst case scenario is you make a change (i.e. change of property manager).