As far as deal making was concerned: A burned house that I found while driving a neighborhood I was interested in.

As for security, she burned that for the June month that she did not pay me for . . she insisted that there are and won't be any damage, which I doubt.  

Residential agents do fadeout more quickly and commercial is more specialized.Discount companies have been funded hoping to be the next big thing and they last a few years and then go out of business or contract.I have seen tons of them churn and burn over the years.

Now, to answer the OP's question; If I am playing with some other person's money, I would focus 100% of my time and energy on burning and turning that cash.

Obviously do this carefully without having them burn the place down.Option 2 would be to sit down with them and to gauge their financial status and their level of merit as good tenants.

Use it badly you crash and burn.

I have gotten burned twice (badly) in Phoenix with PMs so do your due dilligence Chris.

It went down ok and looked nice, but in less that a year there are scratches and a burn spot where candle wax got on it(tile would have shown nothing and is easy to replace just one tile).

If a tenant starts a fire that burns down the neighbors house your not covered.

I can understand the seller not wanting to accept an offer with contingencies after they got burned once before.