@Mike Dumont so apart from some correspondence detailing how the funds would be handled, I would do the following.Colorado law gives the landlord 30 days to return a security deposit.

The mindset is the most important thing in real estate investment.Every problem has a solution, this mindset shift helped me stay in the game for a long time.

Instead of chasing distressed sellers who must sell at a deep discount, why not work 𝘄𝗶𝘁𝗵 motivated sellers who simply want debt relief or a solution to their situation?

Yeah we definitely do not want to raise funds as it can be many issues in bringing family and friends into our business we believe.I have just finished the Brrrr strategy book by David Greene and he talks about using cash to buy a property.We originally were leaning on doing this as we felt it would be wiser to buy a property in cash however after research I see that using OPM might be a better solution as it would allow us to scale our real estate business faster and also allow us to keep cash reserves for any emergencies that can arise from tenants not paying rent,property damage etc. 

You will receive the security deposit in Checking but then transfer it to Savings.

This is especially useful for off-market deals, where the seller may be more open to creative solutions if they need to sell quickly but don’t want the hassle of a bank process.✅ House Hacking – How to Live for Free While Building WealthHouse hacking is where you buy a property with multiple units, live in one, and rent out the others to cover your mortgage or generate additional income.

Hi,Does anyone know where REDX and ATTOM getting their data sources from?

Hello BiggerPockets community! I’m new here and not a real estate professional—just an entrepreneur navigating some challenges and hoping to connect with property investors who might see an opportunity in my situation...

I'm contacting the community to brainstorm a solution to a funding need we're all facing.

First of all- the security deposit isn't "yours," but it isn't the PMs, either.