Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)

I really appreciate hearing a balanced perspective on wholesaling and how important it is to focus on motivated seller leads and building an online presence.To give some context, I’m 20 and live on my own, working full-time.

Most condos in the DC area require minimum leases of 6 or 12 months.

If they are picky they can have a privacy requirement too.

New Jersey law requires that security deposit be refunded to the tenant via check delivered in person or as a certified mail.Is it ok to instead refund security deposit via say Zelle?

Your property listing can also be a great way to lay out qualifying criteria (i.e credit score minimum, and require a co-signer if lower).After conducting due diligence into a particular tenants situation, and you decided to proceed with an application approval, you could require a higher security deposit. 

Some places like Illinois for example require individuals to be licensed with the state in order to wholesale more than 1 deal per year. 

Separate checking accounts not required, but you need to maintain separate books and records.The TREC requirement is correct, but odds of enforcement seem low.

The hard money lender that require appraisal usually do that, and in my experience the appraisers are a bit more cautious in those scenarios.

Permitting for additional bedrooms and garage conversions requires compliance with zoning and building codes.