While the co-signers add some security, the family’s newness to the U.S. and uncertain job situation make them a higher risk overall. 

That should set off alarm bells.

He wanted me to paypal him 750 so that he would send the 20k needed to bridge the gap in the loan.The easiest way to spot a red flag is to start with going through a title company. hopefully you did nto give this person your social security number or other private information.

Ensuring a solid lease agreement and security deposit will help mitigate this.

Wealth Building: Paying off the first STR focuses on cash flow and financial security, while buying another property focuses on scaling and wealth building.

I’ve been securing great deals for clients in the Hampton Rd area. 

However, i'll likely be looking at additional ways down the road to be even more secure for a backup what if scenario.  

What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuitsHow familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?.

I have a clause in the lease that says the security deposit will be held in so and so bank with so and so address and interest rate will be xyz.

Using a HELOC or home equity loan on your personal home could be a good option, especially if you can secure a low interest rate and manageable terms.