Can I use her security deposit to cover these legal fees I've incurred due to her not moving out?

Ensure the STR’s projected income comfortably covers new debt, even with conservative occupancy rates, and maintain reserves for market changes or vacancies.

But, ultimately, it could work if you don't mind a low ROI.It could make sense if you look at a lifestyle rather than an investment purchase and you're just happy to cover your costs.

You'll use that money as a downpayment on an investment and borrow more money from the bank to cover the rest of the purchase price.

Cover the boat and/or put a "NOT FOR SALE" sign on it and go about your day. 

**Comprehensive Content:** The educational materials provided are detailed and cover a wide range of topics, such as fix-and-flips, rentals, and creative financing strategies.

At purchase the rents covered ~60% of piti.  

The agent's compensation is negotiable and 6% may be more common if that includes the buyer's and seller's agent, but if the 6% only covers the selling agent, then that's a greed reach especially considering it's a 2m+ sale price.

This will give you a clear picture of your buying power and help you set realistic expectations.Your $50K is a great starting point, but you'll want to budget beyond just the purchase price.

It allows a sponsor to shape the whole picture and funnel an investor into their offering.