Essentially, you're making the assumption that not every house is going to burn down and need a pay out.Similarly, has anyone attempted to make the assumption that not every house is going to be vacant once a year, or have the need for repairs every month or few months.  

Naturally, I don't want to burn any bridges because he's military and a bad review from him could hurt my rating as a rental property for military families.

Accepting a 6 month bribe in advance rent is a major mistake that many landlords have been burned on.

That is exactly what it is intended to do to prevent your wiring from burning and catching your building on fire.

I've been burned out of state, but now I'm getting back into it.  

The first time was from this happening and the guest burned out the pump so we needed to replace it.

I am very burned out on the idea of running a "real estate brokerage" and feel ready to shift my focus to my original dream which got me interested in becoming a real estate agent in the first place; fix n flips, buy-rehab-hold, wholesaling, new construction and maybe help a buyer or seller here and there when the opportunity arises.Is there anyone out there facing the similar problems or maybe have good advice on marketing, success stories or advice in general?

I suspect if we hit a correction - many people will get burned and my deal rates, response rates, ROI will all improve. 

The "ROI" may not be what it seems after all of the additions from owning a low end rental.Someone turn this into a cattle brand and burn it into every new & out-of-state investor who starts a thread like "Hey I'm not seeing good cash flow in my area, looking to invest in Columbus, the numbers look amazing...

I am a new mom and can not afford to purchase properties just yet or get burned, I have been looking in the Oakland/Macomb Counties for comps, and know what things have been going for.I just need some help with taking the initial first step, and I heard in MI we do not need a license to wholesale correct?