Their ability to invest alongside is merely a way for me to ensure they take their responsibilities seriously.

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.

@Tia Rawe welcome to the forumns. 

What are your goals for holding investments in these markets?

Forgive me for being a noob, I spent the entire weekend researching as much as I could...  

My tenant owes me money and the judge has ordered the amount he owes me!

This will clarify and reinforce what you are reading.

Could any investors in the KC MO area give me an insite of how much it costs to do a full rehab/slight renovation/cosmetic touch ups of rental properties.

I have a friend who is a banker locally, he's seen business bank numbers for 40 years...he know what makes a strong business client and when it is a weak business with some good years.

I just want to post this to ENCOURAGE those that are excited to get into real estate, invest in real estate, and take action in real estate in any way.