When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

The primary concern with using commercial financing is it typically features a short term, long amortization and a balloon that could be problematic if you cannot afford to refinance due to market conditions at the time the loan becomes due. 

But try to twist and manipulate them, lol, well that's exactly what HOA's are designed to defend against. 

@Jerry Padilla Idk about this logic, I mean timeshares typically feature a lot of properties in sunny places and sexy beach locales, so I could easily see how the Poconos would be further down on the timeshare totem pole.  

Have you started to use your PRO member exclusive items and features?

We spend a lot of time on the reference calls, probing the landlords with a lot of questions designed to get them to open up about the prospective tenants (and their friends and relatives).  

I'm a licensed agent in both markets, licensed general contractor in columbus and soon to be miami, I travel to capital markets and the highest interest is in ground up construction and purchasing of entitled sites. 1 million is light for downtown but you can get 8-12 story sites for that that you can put high density on. phenomenal opportunities. best market in the country. you can sweat equity by doing the zoning meetings, helping on design, etc.

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

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