Ensure you budget for these renovations and any unforeseen expenses.It's advisable to consult with a financial advisor or a mortgage lender to get a more precise idea of what you can afford and the best steps to take for your situation.

Thanks everyone for replying I will review all the replies in detail and will come up with precise questions and contact to the friends here. 

Landlord need not refund deposit if lease requires tenant to give written notice of tenant's intention to surrender the premises.Learn more about tenants' rights and landlords' obligations when it comes to the return of the security deposit in Nolo's chart Cleaning and Repairs a Landlord Can Deduct from a Security Deposit and Nolo's article Get Your Security Deposit Back.Is there additional information that Texas landlords must provide to tenants when it comes to security deposits in Texas?

Other investors using the strategy themselves have chimed in.This chart below shows an investor using his own money to invest in a hypothetical investment paying 10%.

I am in SoCal (San Diego) to be precise. 

Taking the time to seek legal advice when necessary can help to mitigate any potential risks and ensure that you are operating within the bounds of the law.Document Everything:It is crucial to uphold comprehensive and precise documentation of all communications, agreements, and actions taken.

This guide outlines key strategies and best practices for property managers to master expense tracking.Establish a Comprehensive Chart of Accounts:Develop a detailed chart of accounts tailored to your property management needs.Categorize expenses into specific accounts (e.g., maintenance, utilities, property management fees) for clarity and organization.Utilize Digital Expense Tracking Tools:Implement specialized property management software to streamline expense tracking.Leverage cloud-based platforms for real-time access to financial data and collaboration with stakeholders.Capture and Document All Expenses:Develop a systematic process for capturing and documenting all property-related expenses.Keep digital or physical receipts organized and easily accessible for auditing and reporting purposes.Implement a Purchase Order System:Introduce a purchase order system to authorize and track expenditures.Ensure that all expenses align with budgetary constraints and are pre-approved to avoid surprises.Regularly Reconcile Bank Statements:Reconcile bank statements monthly to verify that recorded expenses match actual transactions.Promptly address any discrepancies and investigate the root causes to maintain financial accuracy.Track Capital Expenses vs.

@Luke Bricca I love your ambition and precise goals for this year!

Crystal,That is an amazing chart.

I ask because I keep a comparison chart of real estate crowdfunding investments, and I’m constantly on the lookout for new and innovative platforms that I haven’t investigated yet.