FYI, over the years, we've also learned to save a lot of money wasted on excessive management labor costs (we call them "stupid trips") by planning the occasional weekend to drive down, inspect our units and address any labor-cost intensive items that we can do over a 3-day weekend. 

The tenant's mention of a lawsuit is typically an empty threat.As someone that's dealt with plenty of mold and mold claims, this one looks like a fat nothing burger.

Very rarely, those cases happen due to some fat tails event-- recession, war, pandemic, etc.

You waive the excess.

Audit expenses and cut the fat.

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

Just make sure you set enough aside for capex, vacancies, unexpected insurance increase, taxes, tax professionals, and local considerations (excessive heat? 

I don't know about you, but that seems ridiculous and extremely dangerous to me. you can definetly learn it in less time than it takes to make 20k its a fat waste of money and an mlm

Now today on the 20th at 130pm with a close tike of 3 pm, the underwriter decides that they don't like that because I'm so young and so fat have only been an authorized user on a credit card (having been renting and paying for utilities for a year though) and haven't been making the payments, that now I would need to have a cosigner (which doesn't really work since everyone I know have too many write offs) so now I'm in limbo while I wait to see if there's any other solutions.

(in essence she is borrowing excess funds to help make the payments) $8,312.50 x 36 months = $299,250 allocated to MAKE the payments on the $1,425,000 Note obligation.