If the out going tenant puts multiple holes into the walls and therefore makes the property un-rent-able  until the holes are fixed, is the out going tenant responsible for the loss in rent income ( 1 month) and can it be deducted from the Damage deposit.

In my market, i could buy 4 4-unit buildings with 80k worth of downpayments---i dont really think that is the best move just starting out.  Go

Many people have told me to just how lawns so that I can work on my own time but honestly I'd rather be working at a place such as McDonald's or a retail store because if not only teaches you great social skills which I lack and need to get better at but it can make you more outgoing and make you more confident around strangers.

These are foreclosures, so a lot of times the outgoing owners will trash the place.  

Hi all...I'm looking to build my own rental template that's very general to help me quickly run numbers on potential properties. FilePlace has some great forms... though all a bit more advanced and as far as I can see...

I have an experience person helping me out going through the eviction process.The attorney will only be there in place of me whenever he/she has to go stand/representing me in front of the Judge or official at the court house.  

It sounds to me as if the incoming tenant paid the outgoing tenant a fee to move early- this disrupted your schedule, which you agreed to without mention of additional compensation to you. 

Now, even though you have assets they will still look at your overall numbers, income/outgo/credit/blah/blah/blah.  

Since the 1st lease and original security deposit was taken, many different tenants have moved in and out - each paying the outgoing roommate for their part of the security deposit so the LL wouldn't have to get involved and they'd always remain "whole" (we were instructed to do so by LL).

Going North and expanding your radius is great but I wouldn't completely rule out going south.