Security brought some learning lessons for us.

1099, social security, trust payments, annuities, etc?

We were not able to recover any yard damages due to other damages they had left that needed repair, which empted out their security deposit.

House hacking is an excellent strategy, especially with the potential to use an FHA loan to secure a property with a low down payment. 

Also, important to confirm they will be warrantable condos for end buyers otherwise it will be very difficult for end buyers to secure financing and thus purchase the units. 

With that being said I'll obviously be focusing on out of state.I know Ohio is mentioned a lot around here, specifically Columbus, and I'm an Ohio State alum, so that would be pretty cool to secure my first property in Ohio.

The building next to yours looks much nicer and has THREE security vehicles parked in front.

Nothing you mention is "ordinary" and you should charge for all of it. dodged a bullet there thats a very good price take it from the security deposit and call yourself lucky. 

Once you’ve built capital, transition to small multifamily units using DSCR loans for steady cash flow.If you need help analyzing deals or securing funding, let me know.

They find properties and approach Sellers and secure a price, then they seek out an end Buyer (you) and sell it to you at a higher price.