You want to charge your end buyer a non refundable earnest money deposit to be sent no later than 3 days after you assign.

Do you think a duplex is generally a better investment than a single-family home for rental purposes?

I’m in the very beginning stages, although I do have one rental, and my primary will eventually be another rental. 

I'm wondering how rental income is now calculated.

Quote from @Fernando Martin-Gullans: Hey y’all, I’m a retail investor with 2 SFH rentals worth a combined ~$650k looking to utilize some of my stored equity to buy more out-of-state properties, but I’m not quite sure how best to proceed given that my interest rates are incredibly low (leaning me away from refinancing) and neither property is owner-occupied (which I believe prevents me from using a HELOC).

Concern: NYC’s strict landlord laws, high purchase price would tie up capital & be in less desirable area, would likely not cash flow (not good when I leave)2️⃣ House Hack in LA – Move back, get a small multi-unit, and offset my mortgage with rental income.

Quote from @Nick Am: Hi All, I have 2 multifamily rental units that I entirely self-manage.

I rent through Furnished Finder which has a standard rental contract. 

My partner and I are looking to get our next rental (currently have one in a more local market that has a property manager).  

Everything I bought is up 2-3x and last year I had net rental income on my taxes of $86,000.