So unless im prepared to lawyer up 3k just to try and get some of it back the answer "just walk away from your deposits, im trustworthy" doesnt work for me.I have prepaid for work from big names, Lowes installs etc.

Often times this commission is a percentage, but if the value of the property is LOW, the commission could be a fixed dollar amount.

In terms of feedback from our team, we’re leaning towards buttoning down the hatches, keeping rent increases low, and focusing on maximizing occupancy in our New England markets.

. #1 you can often find promotions for zero or low interest from furniture stores that you might want to consider. #2 many private/hard money lenders will consider furnishings if the deal, including the furnishings, falls into their deal box.Believe it or not, it might be easier to include the furnishings in the deal with a significantly lower down payment if there is other rehab work to be done.

Prices are through the roof in this current market with low inventory and single and multi family properties just don't pencil out.

Some of these renters are capitalizing on low interest rates and choosing to buy, but many are unable to buy due to lack of down payment or credit factors. 

Starting with an owner-occupied multifamily is a great strategy—house hacking can really help you build equity while keeping your living costs low.

I'm not a big fan of HELOC toward a down payment unless the numbers make sense and vacancy rate is low. 

You've earned $132,000 more by splitting your money and leveraging it.Since I've been searching for more deals I have seen one or two that might actually cash flow decently but most seem to be at break even assuming normal expenses, vacancies, etc.I'm just learning my comfort levels with leveraging and trying to take advice from others about managing multiple low cash flow properties vs. one higher value one. 

Purchase price: $37,000 Sale price: $65,000 Land deal as is / buy low sale high.