when you find a deal and want to secure it, you put it under contract.

If you go gung-ho, follow substitute trustee (S-TR or equivalent) filings in your county. 

The goal for our work is to get your rental set up on a platform, vet your first tenant and then get the tenant secured before you are independent.

Homeland Security is also working on the Norada cases. 

According to the brokerage and agent, these individuals either weren’t serious or claimed they didn’t realize the property was occupied, even though it was clearly stated in the listing.I’m not particularly concerned about the property’s condition or the eviction process, as I’ve already secured some level of cooperation and have basic access to the basement.

However cash is a hard no for me because I feel having it around and transporting it provides a security risk for me.

@Chris SeveneyYesAllOf those things, just don’t forget to have receipts for everything you deduct from the security deposit.

Many of our clients have done this and secured much better terms....EricThis spreadsheet decision is based on what you can afford and when you expect interest rates to fall.

Security systems are a giant headache for short term rentals.

The other factor to consider is less tangible, but comes with mental security.