As you get more experience the margins will grow. one good thing with the market slowing down in many areas.. this CRAZY herd mentality of rushing to buy these homes with non refundable up front deposits..

Have to get past the mentality that not every market will be like that

These are the opportunities for those who have the mental fortitude to take a chance..But it's like gambling at a casino, i'm going to put a good chunk of change on red, closing my eyes and hoping like hell i don't lose it all.I happen to be in a different situation in regards to Stockton. 

That being said, we TEND to be perplexed by the fact that we are in a world that leans towards hive and herd mentality.  

I got a call from a group that places mentally challenged girls with a caretaker.

If you start blocking your mental attitude off by using words like skepticism and doubt and key phrases like "less confident".  

In any event, sounds like you have a tenant with possible mental issues, and I would not be renewing when the time comes unless there is dramatic improvement in behavior.

One of the heirs is in jail, and one is mentally challenged.  

(I don't discount the value of meditation, exercise, etc, which are part of your mental/physical health). 

I wish I had your mentality when I was 22!