Here in Nevada, these shenanigans would cost the landlord twice the security deposit in small claims court.

One to hold all the security deposits and the other for collecting rent and paying your bills.

Typically, you’ll need a promissory note (outlining the loan terms, interest rate, repayment schedule, etc.) and either a deed of trust or mortgage to secure your interest in the property.

We plan to go all out in the next 10 years to try and secure our financial freedom and possibly begin flipping full time.

@Reesey Ann - To this point, you might want to invest in some security measures to ensure this does not happen again.

While off market deals may be your ideal scenario in securing an investment - lets discuss ways in which i can also possibly make that happen for you. 

I’m eager to connect with seasoned investors to explore how I can assist in identifying and securing great investment opportunities for them.While I’m committed to providing value to my clients and partners, I’m also here to learn from those with more experience.

@Joseph BraunRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Interesting article about “Squatters’ Rights” in California; how they originated and their intended purpose vs. how they are currently being taken advantage of.California's Squatter's Enable Tenancy Rights After Just 30 Days, Raising Concerns Among Property Owners About Housing Security

If you terminate the agreement, there might be penalties or fees, especially for bookings that were secured under Evolve’s platform.Steps to Take:Review Your Contract: Look at the terms regarding cancellations or ending the agreement.