We have been in real estate (long-term rentals) for over 20 years now and looking forward to hanging up the maintenance hat.

Industrial real estate in Rochester, NY is hotter than ever.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

  $2500 deposit is put down. 

It's just not opting out of being a real estate investor.

It’s awesome to see you starting your real estate journey so early, congrats. 

@Frank Mongiello is a great choice for a real estate agent who works with real estate investors in South Florida and Central Florida

Just speaking from a cash flow management/account structure perspective.As for someone being in the real estate accounting industry for over 2 decades, I can say that State Law compliance is big on this.

Quote from @Phillip Austin: There are two alternatives to a security deposit, which I speak about in my book.

I don't rent furnished and others may be able to point out where this is flawed, but I would consider renting the furniture SEPARATE of the unit because that may allow you to collect a deposit on the furniture.