According to public record and info from tenants, the owners purchased both properties in 2021 as a contract for deed.

All legal rights pursuant to the Rental Agreement, including return of any Damage or Security Deposit(s) are assigned to the Incoming Resident and remaining residents.

This strategy has allowed me to save on closing costs, secure favorable financing terms, and refinance almost immediately, all while minimizing my down payment.

I was able to partner with my parents to secure funding for the down payment via their HELOC.

To secure the loan.

I was able to partner with my parents to secure funding for the down payment via their HELOC.

He is asking about the security deposit.   

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

I think i remember reading that you can also demonstrate accreditation status by working in some capacity for the syndicator, or also by working "meaningfully" in real estate anywhere in some capacity, and these don't have a dollar value ie. the 300k joint filing or 1Meg net worth threshold. but the amount of due diligence required to invest in a private syndication is/should be a lot, which always are more opaque than a public RE investment, like REITs, is something you may want to avoid until you have been involved in RE directly for some timeconsider mortgageREITs, eg.

Unfortunately, this is no longer available in SC because of a new law prohibiting the use of public data for marketing.Luckily there are some new motivated seller lists that don't rely on this public data that are doing well for investors.