One months rent is a drop in the bucket compared to potential damage, problem renters usually just skip last months rent anyways (depleting that fund) and when the tenant has no real skin the game, they tend to not care much about damage.

This is my plan also but I am realistic enough to know that the rules of the game can change and that you need to be prepared for the changes.  

Numerous factors that cause speculation on appreciation to be a very risky game.

I'm a licensed agent/buillder who's life game plan is to continue acquiring rental properties and hope to someday build new construction homes.

If he has an agent it changes the game entirely.

We started out playing Robert Kiyosaki's Cash Flow game with a group of like-minded wannabe investors.  

He's literally playing games, watching movies, and complaining about boredom.

Paul - I'm in Raleigh and am also new to the RE game. 

I am a little embarrassed to say what my end game is because it is beyond me at this moment in life, but here goes. 

Clearly defined goals, with an end game in mind4.