Have all your ducks in a row so you can move quickly on securing the deal when you do find the right one that the numbers work on.

He sent me a contract which if I sign will pay him a fee of 3% of the money secured. 

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

Non-recourse loans are typically more common with large-scale commercial projects or through institutional lenders, but most lenders prefer recourse loans where personal guarantees are required.The reason most loans are recourse is that it provides the lender with additional security.

I spoke to a gentleman yesterday who put 400K into a four unit in the city and his first tenant in the one unit bounced their first month's rent and security deposit checks.

The security deposit was $1,200, but here in Florida, attorney's fees and costs are recoverable to the prevailing party in cases concerning security deposits.

LL Flooring, formerly known as Lumber Liquidators, is closing all 430 of its retail stores after failing to secure a buyer during its Chapter 11 bankruptcy process.

I’m a new landlord in CA and missed the 21 day window to return the security deposit (I thought I had 30 days).

Do a cash for keys deal and just try to get them out early… I’ve thought about offering that if they leave by the end of November (~60 days notice) that I’d give them November free + $500 in moving expenses and return of security deposit if left in good condition3.

If you’re looking for creative ways to secure a down payment, consider partnering with investors, using seller financing, or exploring down payment assistance programs.As a real estate agent, starting at 18, working with experienced agents for mentorship can be invaluable.