Please feel free to DM me or simply call/text at the number in my signature - many thanks!

If they do let them stay for a couple of extra days, do not simply take the current rent and divide by 31, do that and double it.

No doubt if you have the capital for either all cash or simply having a syndicate, cash flowing residential here can work. 

Our Agent knew we were beat up buyers since we lost 3 homes prior and switched agents..The agent influenced us to go non contingent offer waiving everything… if we wanted to win the house.

Plus every time the house sells you start that amortization schedule over and you're on the "winning" side of the payments from the new owner so to speak.Obviously this only works when you've got low payments yourself or you manage to increase the value of the home significantly, but is there anything else I should be looking out for here? 

So, to answer your question, if it is simply a payroll deposit, that is sourced funds and you have no issue using those  funds. 

The homeowners of ours that are still winning in this environment are owners of larger, higher-end homes (homes that accommodate 12 or more guests). 

But when I got my first bill from the attorney for 3000K+ I started to worry about how high legal costs could get even if they buyers dont win.

Some I know simply are not aware that you could have a cash flowing asset.

I am confident in that market.I am okay with the challenge of it being harder to manage a few different units at the same time - and I would be on-site at least for a year.Investigating the market is simply a time and money aspect.