Hi Experts,Need your assistance, I have a very good tenant (senior couple), the guy went through some medical condition and he called me to check if I can loan half of security deposit to him just to cover expenses this upcoming month ( Jan'19), he said the rent is on auto-payment and I'll get complete rent but he wanted to see if I can give him half of security deposit to cover his expenses, I never dealt with this before and wanted to see the best way I can help my tenant here. 

In many ways commercial loans are easier than residential loans, especially once you are established.

Any advice from the community and establishing solid deal flow in West Michigan?  

There are plenty of role play videos on YouTube that you can reference- most of these are Real Estate Agent scripts but can be applied to what you're doing as well.Do not aim to get the property owner to sell to you on the first contact... aim to establish and nourish the relationship!

Here's a blog post with some of the more common sources and some tips for establishing the fair market rent for a property: How to Determine Fair Market Rent.

At our company we like our clients to be involved as much as they want to be with the expectation of trust in our expertise for certain operational factors.Also, if the turnkey company has well-established policies in place for leasing, resident on-boarding, standardization of renovation approach (replacing capex items first and foremost), and property management, then they could be a good option for investors.Also, look to see if they have warranties in place to cover the renovations they have completed on the property.

With the same logic, I could go to the medical school and figure out the rashes that I have on my body rather than going to the doctors.Sometimes I think the same way then realize others people think as I do, and pay thousands of dollars more in taxes because they don’t talk to Professionals.

I would consider establishing a budget for what you've saved and determine how long that money will last you while you fully dive into real estate investing.

Finally, with the use of Trusts while establishing these structures you can add a level of anonymity by removing your name from public record.When you establish a trust you can have your attorney sign as a "nominee trustee," and after the signing is complete you become the "trustee" per the language used to establish the trusts.

As you said, make sure to establish some connections, my wife and I purchased our primary residence this past summer and we have made a good relationship with our closing attorney and realtor.