I'm also making it easier for tenants to move into my rentals which makes my rentals more desirable and will reduce vacancy time.If anyone's interested in learning more, send me a private message.I like this idea, but Deposit insurance gives a third party the power over the damage repair money.I wonder how much red tape and PITA it will be to file for the Deposit insurance money, and how long they will take to payout, and how much they will auto-refuse to pay (like insurance companies do) until you press the issue hard.Plus how many 800 number calls to customer service located in Tim-buck-two will it take trying to get things straightened out when there is a problem.Still it seems like it might be a good blade to have on the Swiss Army Knife.

Bought this one with three partners @Elan Radbil, @Ben Hutto and @Jake Guhy using a commercial line of credit.Purchase price: $95,000 4bd/3baRehab budget: $40,000Scope: Paint in/out, foundation work, new plumbing, new flooring, new decks, counter tops and converting a master bedroom into a 1/1 in-law suite. 

@Jasmine Moore you need to put the property under contract at a price that represents a really great deal with ample time to do feasibility and due diligence.Once you have control of the property you will need to put together a detailed project deck to present to potential partners or investors.

Five people showed up to the house with the tenant still inside and had a chance to look around and if we wanted to purchase we had to pick a card from a deck of cards and high card wins. 

The upstairs unit also has a deck with a stair case that leads down into the backyard.

Price - 235,000 - 3% from seller towards closingProperty Type - Multi FamilyYear Built - 1949Units - 4 unitsBed/Bath- 2 bed/1 bath per unitSqft - 500 per unit - 2000 totalRecent capital improvements-- 2018Unit 3: New fridge, window, vanity and toilet- 2017Unit 1: New deck, AC, washer and dryer, baseboard heaters,kitchen faucetUnit 2: New deck, AC, window, baseboard heatersUnit 3: New paint, carpet, trim, fixtures, baseboard heatersUpdated landscaping- 2016Unit 2: New fridge, stove, toilet, vanity, tiled shower, paintcarpet, trim, fixturesUnit 4: New tile flooring, bathroom sink faucet, kitchenfaucet, paint, trim, baseboard heaters, AC and fixturesNew roofHow I will be funding it?

This did not include the cost of the skirting or the decking. 

We have a very informative offering 'deck' put together and I would like to figure out the best ways to reach people that may be interested in such a deal?

I find it useful to have a couple people that will remove old flooring (carpet, vinyl, etc), clean out crawl spaces, repair insulation, lay down vapor barrier, haul off junk, remove fencing, paint decks, low skill landscaping, etc.The best method I've found is posting free stuff (used appliances, old fencing, and other stuff) on CL, then identifying the good character workers to do other work for $15 hour. 

It's extra important here to use fresh new razor and/or utility blades here.2.