Investor’s deposit will be used to make interest only payment for construction loans.

In addition to taking 6-9 months to close, they are also subject to (i) annual audits, (ii) annual REAC property inspections, (iii) recurring annual MIP payments on top of your interest rate, (iv) large initial deposits to the replacement reserve, (v) commercial space limitations to 15-20% EGI / 25% NRA, and (vi) less forgiving underwriting with 7.00% minimum vacancy rates when determining our underwritten NOI.

We've never even had a tenant try to sue us over a security deposit dispute.For the last 10+ years, I have occasionally asked for just one example of an investor that was sued, lost, and the judgment exceeded their insurance coverage.

If you want to do it yourself, be ready to answer text messages at 3 AM, solve problems within a 2 hour window, deal with contractors who aren’t able to “turn” a vacancy quick enough, and guests who want “instant” gratification.  

They want to pick up the phone and call or text and get an instant response from their cleaners.

Instant equity just seems to save everyone in the deal.

And all the folks that could never get a deal to close and lost their deposit to them and EM etc etc..

Leases are signed electronically (esign.com), and I set them up with RentRedi for deposit, cleaning fee, and rent payments.

I have got the security deposit as well .Please see your post… It says nothing about being rented and asked if you should take down the listing. 

., discounted first month, lower security deposit)•Pivot to Mid-Term Rentals (traveling professionals, snowbirds, digital nomads)•List on Multiple Platforms (MLS, Facebook Marketplace, Furnished Finder for mid-term stays)6.