I'm not a lawyer, nor am I an expert on laws/practices where you are, but I believe some places have pest-specific laws.

However, that may not be practical given current goals.

It won't get you anywhere fast and icebreaking with fellow investors is good practice for dealing with sellers and buyers.Hope to see you at REIAofOakland.com:)

Nikki:It is a good practice.  

In pure accounting practice, ONE journal entry is used for the transaction (call it move-out) regardless of how many line items are required (say damages, past-due & deposit refunds). 

Are there any online practice exams?

I'm on a fact finding mission to determine the best way to start a new company for short term rentals and trying to determine the best practices to do so.What is known thus far:- I have to have a RE license in order to manage properties for third parties when accepting commissions for bookings.

I keep getting these wrong on my practice exam and I can't find a solid answer.

I realize you're young and excited, but requiring reserves is not only a prudent lending practice but also a prudent investing practice.

Buying your own home will reduce your taxable income(a benefit in the now,) and will give you a more certain understanding of future housing expenses, and may even give you and your family a sense of security, but in order to be a better bet financially vs. renting, you practically need a high level of appreciation.