This is basically you paying into a bond that will pay damage and lost rents if you are unable to the landlord but this isn't a collective of money pooled together for the common good. 

", shows your inexperience.The cashflow numbers for Class C & D properties only look good on paper because few investors plug the correct assumptions into their ROI calculators.Have seen many newbies use a 5% vacancy factor for Class C & D properties with nothing built into their calculations for tenant-nonperformance or the extra damages low-demographic tenants statistically cause.BTW: we recommend using at least a 20% Vacancy+Tenant-nonperformance number.

As a Property Manager in a market where many owners choose to manage on their own, I've seen several examples of owners losing their homes or properties because their tenants did not pay or caused excess damage.

Does that mean I forfeit any right to make any deductions for damage and must return the whole deposit?

My father is in the home improvement bussiness, we just had a hail storm pass through that damaged peoples roofs.

Lately I have been running into some road blocks while doing multipe flips at a time due to capital and man power.

When asked why their properties don't cash flow in any rental calculator, the answer is: "people who use these rental calculators don't get the kind of deals we give you" 4, Re rent comps...I looked at Zillow, and another tool, and if I simply rely on Zillow, rents are typically lower and there are properties in the same few blocks on the market for 40+ days.

You can even sweeten the pot by telling them they don't have to clean, and you will hand them their deposit on the day of move-out after a 10-minute inspection to verify there are no damages. 

Big box (KW, Coldwell Banker, Remax), Cloud (exp, Real), Mom and Pop (Fred's Real Estate), and 100 percent (Big Block).

Much of Detroit is "block-by-block", but that won't work for OOS investors.So, we've classified all the Neighborhoods to help investors make more informed decisions.DM us for more info.