Hello everybody, I'm Gary from NC.   My wife and I have some real estate experience and own a few vacation rental and commercial properties, but it's time to scale it up and focus on residential rentals.   I've been f...

Landlords will owe tenants three times the deposit amount, plus 5% interest, plus attorney’s fees, plus other court costs, unless they do all of the following: Put the security deposit into a bank account The bank must be in MassachusettsThe account must earn interestThe account must be under the tenant’s name and social security number only, with landlord as signatory (specifically, a landlord-tenant account)Note: credit unions are not banks (we are looking for the case, but it was Western Housing Court circa 2001)Within 30 days of signing the rental agreement, give a receipt that lists The name and location of the bankThe amount of the depositThe account numberEach year, Pay interest Either 5% or the actual amount of interest received (if less than 5%)Either cash or check or deducted from the rentGive an annual statement that lists basically all the same information again The name and location of the bankThe amount of the depositThe account numberPlus the interest earnedWithin 30 days of the end of tenancy, Pay all interestProvide an itemized list of damages This list must be signed by the landlordThe form must say “Signed under the pains and penalties of perjury”Receipts, invoices, or photographic evidence are required for each deductionNo deduction can be made for damaged items identified at move-inReturn the original deposit plus remaining unpaid interest less damagesAny single failure of any bullet point or part of a bullet point above will entitle the tenant to receive three times the amount of the deposit.

This leaves a very bad taste and I have to work against this.I live in western Pennsylvania, and I rent SFR at the lowest end of the property spectrum.

@Jason Inks, I agree with @Christopher Williams for the most part The lower east side of Overland is defiantly C  grade, while some areas in the western portion are D. 

Hi everyone! I've been a long time follower on the youtube channel for BiggerPockets and just recently decided to join the website. I have had my real estate license for about 2 months now but I have grown up around t...

., I'm married to my beautiful wife Kayla, and looking to purchase our first rental here in Western WA, and would love to get to know some investors in my area.

@Alex Fountain @Doniel WinterTo add to Doniel's stats, in the Western Region, ADR has actually been rising YoY for the last seven years, but it went flat this year. 

https://boisedev.com/news/2019/05/31/construction-starts-on-large-2000-home-boise-development-with-new-name/913-home subdivision is up for approval on the western edge of Eagle.

Update for anyone who see's this post: Check out Western Manufactured Housing Communities Association.

@Jared Michael RollinsI live in western Pennsylvania, currently in a $160K B-class condo.