I recently attended a probate sale and it required 10% offer price of deposit to be elligible to attend the bid.

You may want to consider having the newel matched and adding a few more...place another at the corner at the top of the stair and one at the corner closest to you in the photo.

As a different example altogether, when I rehab a property, I deposit the budgeted money into a separate bank account and all expenses for that rehab are paid out of that account.

I also know that doing a 1031 exchange will enable us to carry all of the proceeds from the sale as a deposit on a new property.   

Did you have a deposit when u bought the property?

Most of the phone numbers are incorrect, the person doesn’t match the property, and properties showing as “new” and in pre-foreclosure have already been sold at auction.

Thanks for your response.If current owner has no security deposits in escrow am I allowed to require deposits or renters insurance upon closing the sale?

I also have a 401k that my 9-5 does a 5% match on so I do 5% just to get that basically free money as well.

They will not issue a security deposit check they will only give you a voucher letter to submit a claim.

The 2nd realtor doesn't have any investment background, didn't have advice on best rental property and the 3rd couldn't find any properties while the 1st realtor found plenty that matched our criteria.