When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or to refund to the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account that is specifically designated for future investments.

Quote from @Lindsey Buxton: Want to level up your passive investing game? 

They were able to do a reverse 1031 exchange because they had the funds up front to execute the replacement property first, then sell the relinquished property.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

@Allie Dattilio unfortunately I didn't end up investing in Cumberland.

I don't hear too many investor doing ground up multi-family for house hacking in the area, so this is definitely interesting.

It won’t catch everything in photos yet, and comps can be off, but as a way to speed up deal reviews and analyze more properties in less time, it’s been pretty useful.

Are you trying to raise money for down payments?

Looking forward to connecting with the BP community and learning from your experiences!

Welcome to BP.