Their pay-as-you-go model allows flexibility, so you only pay for what you need.

., your tenant stops paying, you're still in a relatively safe position.

Paying down the note quickly is a power move too—love that disciplined mindset!

They do it across the board so all their units have to pay the higher deposit.

The guy on Youtube that boasts about buying properties with no money out of his pocket and using other people's money from his "community" to pay for closing and carrying costs, said in a video in June that he had 10 Due on Sale called in AZ alone from Jan 2024 to May 2024.

I liked the tenant, school is starting back etc, I told them they could pay first month and security deposit and I would let them have the rest of August for free.

I would apply the cash flow to pay down the debt and hope to have significant passive income (or equity to put into something else) in 10 years.

Update: I decided I will pay a $500-750 or so to do an initial hydro-jetting of the system. 

Thank you  you can only use your equity if you have the ability to pay it back.

Pay for your own painting and make them pay normal rent.