Never invest in any city on Neighborhood Scout’s 100 most dangerous cities list.Inflation compensating - Every time you go to the store, buying the same basket of goods costs more and more dollars.

A reliable passive income requires meeting the following three requirements:Reliable - Your income continues even in difficult economic times.Inflation-Compensating - Rental income increases faster than inflation, compensating for rising prices.Persistent - Your income lasts; you or your spouse won't outlive it.The process of acquiring reliable passive income properties is a process.

So, I'm more inclined to take the risk that I do end up with smoke smell, as long as I get compensated with higher rent.

.- I paid the Contractor.At this point, I still have not sent a large check from the Insurer to the Contractor because I am asking the Contractor to compensate for the missing rent due to their substantial delay.

Tenants love it & the rental increases more than compensated for the initial & so far all operating costs.Happy tenant, happy, peaceful life !!!

.- If an agreement is reached, I will put MY OWN MONEY as an earnest money deposit for the deal, knowing fully well that if the deal falls through then the loss is an acceptable business risk and the seller is compensated fairly for itPlease let me know if you think this would be an acceptable Wholesaling/Flipping business strategy moving forward.  

They may accept it and not even ask for compensation.

And they are compensated for their service.

Chances you need to compensate agent 1. 

I also think you would find that once you split your commission with your broker per your agreement that the compensation will not be worth the effort