That means, when they are damaged it doesn't eat up the whole security deposit leaving more money to cover other damages better protecting me. 3.

exactly I fund wholesalers in SC all the time.. its a boon to my business  :)  these laws are sweeping the nation.. its consumer protection U just have to many deals go wonky and complaints are filed so regulators are finally taking notice to this acitivty..

I guess we'll keep an eye out for any changes in the Jan. 13, 2025 date.

I’d like to be protected if it takes longer than 60 days to sell a spec.

We plan to remove them all to protect from tax increases on our current primary, but I am afraid that now that the other properties won't have homesteads, we may see skyrocketing tax bills and it will eat into already small cash flow from rental income.Does anyone have advice for how to handle this situation other than just increasing rent?

Curious what’s catching your eye.

Include an exit strategy, tax planning, and insurance to protect both parties.

Once you narrow down your markets, you can keep an eye on the markets and become attuned to them.

Look at median household incomes, look at market economy base and diversification, look at what's being done to protect and grow economic performance, just run the #'s and the message should be crystal clear. 

@Namal Burman, your post caught my eye because I had a former client-now a good friend-who found herself in a similar situation.