Often residents want to move in within a couple of weeks and it takes time to get all the information together to get everything accomplished in a timely manner.

I am from the Philippines, but I currently reside in Las Vegas.

Great thanks @Michael Smythe, in your experience can you itemize the tenants that have the Resident Benefit Package? 

Was not able to rent it and selling was a challenge as high interest rates reduced the number of qualified buyers.

Vet some PMs, tell them your situation, and get a very qualified one to get you out of it.Going forward, either learn how to detach yourself from this nonsense or enter an asset that does not require human interaction.

The main difference here is your clientele/residents.  

@Clay Hall, I like a HELOC on my primary residence as an emergency fund, and wish I’d had that extra money when I got started, simply as reserves.  

No one can 100% answer you what you can do here.The one general question I would give my opinion on is if the resident is responsible to pay for the damages, do no wait to use the security deposit.

Not an issue for everyone ( mine is 800) 3 For down payment  there are  down payment savings plans ( I have an IDA) In addition there may be additional 1st time or income qualified grants available  ( in my area its up to 60k- if the funding is avail) Also non IDA savings and gifts ( from what I hear) could be used.

Hey my name is Julian Frazier, I am a nineteen year old resident of Cincinnati, Ohio.