For as much as attorney's charge, they should be able to answer this question.The deposit can be used for cleaning, repairs, and unpaid charges.

It may be worth the investment if you decide to do out of state to eliminate any potential mishaps when it comes to timely repairs if needed. 

With a full time job even 15 units gets tough between collecting rent keeping repairs up, preventative maintenance, looking for new deals, managing refinances, etc. 

A full adult lifetime ahead.   

I at one point charged tenants the first $50 of repair costs.

This log should include:•The date of activity•The property worked on•Specific activities performedExamples of activities that typically count include approving tenants, setting lease terms, handling repairs, and other hands-on operational tasks directly related to managing the property.

A cost segregation study was performed on this auto repair shop in Nevada with a depreciable cost basis of $1,250,000.

I have a great tenant and very few repairs issues (I put in a new HVAC and water heater a year before I moved out) but will eventually need a new roof (house was built in 2005). 

Check for cap ex coming, mechanicals, and smart repairs to do now that will save you later.

I waive escrow on all my mortgages and pay taxes/insurance with cc, put repairs on cc, etc.