You will learn and earn, and avoid the pitfalls cited earlier in this reply post.

I would be inclined attempt to work with him as he is in place and it will save me some money to do so, and he at least has earned the opportunity to make it work...just not at my expense.  

People are getting ripped off daily with the insurance products that you are selling, but majority of folks here are intelligent enough to realize that they are much better off taking control of their investments into their own hands, rather than giving their hard earned money to the insurance companies which pay their sales agents commissions up to 90% of the premium received. 

Are you OK with driving people around, looking for your next reduced commission?

I had gotten into the financing side, first in residential and earned my AMB, or "Accredited Mortgage Banker" and then went into Commercial lending, eventually opening my own firm with my wife specializing in dealing with investors - we provided management, coaching and financing solutions specifically for investors and investment properties.

So funny you should post that, I debated writing a line about how the underwriters evaluating the numbers of the property would seem to reduce my risk as it would be likely to be profitable assuming I did my part, as you said.

However, if you adopt the practice I have described herein, you 1) reduce the odds because you remove any grounds they may have, (deadbeats know the system, believe me) and 2) if you do end up in court, you have a paper trail that demonstrates you complied with the lease, addressed any concern they had in a timely fashion to the extent the lease obligated you, and that they were fully satisfied with everything you did.  

The buyer gets that amount by default if material misrepresentations by the seller.I am sure they will not like that either.I tell sellers if I can't validate the income stream for paying XXXX price then I have to reduce my offer to cover unknowns you are not willing to verify with the property.If the seller doesn't acknowledge that they are looking for a sucker buyer to pay a premium for their problems and you need to move on.

Sure, these things may be greatly reduced by how the contract is structured.

But does earn me about 10% cash on cash returns.