If you prioritize debt reduction and long-term financial security, allocating extra funds towards paying off your mortgage can help achieve your goal sooner.

For docs, at a minimum, you'll want a promissory note, PG, loan agreement, and a security agreement to attach to whatever collateral you can reach.

If the mobile home is secured permanently to a foundation, it becomes part of the real property.  

What is the best months to secure a property on the low end?

Best way for collecting rent, security deposit, etc. with 1 property.

@Evan Polaski yes the cash that I’ve allocated is going into low volatility liquid securities that also generate some yield.  

One strategy for acquiring a coastal vacation property or future primary can be to secure and operate the property as a mid or short term rental to help sustain or offset the investment.

For those landlords who take security deposits in City of Chicago, is a separate business bank account sufficient for the security deposit or do I still need to set up the special landlord account that requires all W-9 paperwork from tenants etc?

By securing long-term tenants and maintaining the property’s condition, I’ve enjoyed consistent rental income and significant appreciation in property value.

How would you handle this in the security deposit?