For those who have run or participated in referral programs, what strategies have you found most effective?

The security deposit is for damages , tell them no and start the eviction process

We want to accommodate this easily.Promoting the furnished rental on various sites, including nurse staffingsites, the MLS, FurnishedFinders, and others.Cost-effective local management to ensure that service issues are handled quickly and efficiently.

(biggerpockets.com)When assets are damaged: How a cost seg study helps if an asset gets damaged!

But option A seems dangerous to property as it seems shifts the ground damaging the foundation and building as mentioned like below>>Designed to prevent the ground from shifting.From the nearest wall of the building this retention wall is at about 15 feet away.At one point i thought of putting some gravel for better water passage but dropped that idea as it cost money and becomes more harder to maintain by tenant or me in futurePlease advise

Similar to you, I'm thinking about other strategies for off-market leads and tried direct mailers, but not sure how effective that is for multifamily.

When starting a business or owning multiple properties, it’s crucial to manage your cash flow effectively to ensure long-term stability and growth.

This surge in tourism is having a ripple effect on the local economy, spurring investments in hospitality, retail, and infrastructure.

Have a 1960s 30 unit single story motel where we are coming up on some end of life issues: the cast iron plumbing is disintegrating underneath bathrooms, radiators are starting to leak, electrical is in poor condition, and just today, discovered significant termite damage affecting multiple rooms.

I think the middle road of trying to do both gives you the worst outcome (tenants damaging your property, lower price because it’s no longer new construction).Best of luck whichever path you choose.