It’s normally the investors sitting behind a computer who fail to recognize this.

The one who owns the house will normally dictate who will report the activity on their return.

If the room is a mess when she leaves or she's not paid part of her rent, then remove that as you normally would from the deposit and return the rest to her. 

You can recover damages from a security deposit, but you cannot recover normal wear and tear.

When accelerated your reviews are completed in  business 10 days which adds up especially since you rarely obtain a billing statement without at least one round of comments and normally multiple are required.

I want this to be a vehicle for my wife and I to gain financial freedom and grow a portfolio to support the lifestyle we want when I retire. 

Good afternoon fellow investors,I just closed on my first rental property, which consists of a main house with 3 attached smaller units (efficiencies) - this is very normal in this area- , everything is on one meter.The previous owner used to live in the main house and therefore all utilities were included in the smaller units's rent payments.

@Andrew CosmeYou should close just as if it was a normal sale and get a title company to create the loan docs, get title insurance and sell you the property.I strongly recommend you go through a title company and do not do a closing that was based on docs found online etc.

No cycle: just circumstances like supply, demand, economy, population, demographics, lifestyle etc.

The numbers are normalized to the ARV and the math doesn’t care.Lastly, if you are not borrowing your costs, or can somehow avoid sales commissions, then of course you can pay more, and you can’t use this rule of thumb.