Leveraging Mike's local market expertise, we secured the property for $52,000.

Leveraging Ron's local market expertise, we secured the property for $128,900.

Factoring in filing taxes, maintaining LLCs, and overall cost vs security, I’m hearing many different options. 

Leveraging Harvey's local market expertise, we secured the property for $295,000.

We pay $2K month credit card debt (used to set-up the STR’s) get $5K from Social Security, leaving $3K to live on.

@Autumn Brooke Do you also collect a security deposit or just the last month's rent?

I’m not sure of the laws and processes in Canada, but here in Florida if the tenant’s use of the bag damages the floor, then the repair costs may be able to be claimed from their security deposit.

., you may consider conditionally approving with a higher security deposit (or alternatively, use an insurance policy - "fee in lieu of deposit"), first and last month's rent.

As I spoke to the agent about these offers, I found that the seller had no written lease, no security deposit, and no keys to the house.

Hi All,Our tenant's lease requires a 60 days notice, she only gave 30 days notice, and we immediately started advertising the property and were able to secure a tenant fairly quickly where her lease ends on June 30, 2024, and she has already moved out as of June 22, 2024 after paying the rent for the month of June, and the new tenant will move in on July 1st, 2024.