Literally the hardest part of being a landlord of stabilized properties (if you have a rock start property management team) is scanning the physical checks for deposit every month.

Such services should include:- Creating enticing market listings and ads promoting the property at its best for high demand- Rental market expertise to provide recommended rent amounts for your property's market without recommending an inflated rent amount scaring away potential tenants or recommending a deflated rent amount causing less of a return monthly- Physically showing the home to potential tenants- Collecting/depositing monthly rents and bill paying- Vetting/screening applying tenants or managing non-paying/troublemaking tenants- Resolving maintenance repairs by hiring professionals to care for your investment- Turning your investment property move-outs quickly for new tenant placementLook for all of the above listed services and more when researching property management companies to receive the most return on investment!

We physically signed an actual rental agreement with them and notified the other person immediately after. 

He is also out of state and I will have to do most of the legwork of physically going to see the houses and talk to agents face to face.

If the hot housing market cools down, and if the economy and stock markets experience decline, multifamily syndications are a very attractive alternative, providing stable distributions for years to come. 2.Investors are investing in physical assets, which appreciate during inflationary times.

He is also out of state and I will have to do most of the legwork of physically going to see the houses and talk to agents face to face.

So whether or not the seller physically has the deposit, he still owes it to me at closing.

Since I'm not physically there, I can't do that.

Also if you buy out of state consider physically visiting the property too.

Overall what I'm understanding is I need to factor in taxes and insurance into my prices, physically view the property to verify my Maint,Capex assumptions and make a phone call and collect actual rent rolls and T12. is that all correct?