I understand this is a good way to become financially secure over time and am eager to start.  

I work full time at a decent job, but have quickly learned that I needed to make some changes in my families life by securing our financial future. 

Now, I'm imaging a scenario when every one of these tenants move out that I'll be paying their entire security deposit + interest even if there are damages beyond normal wear and tear. 

Updated - I've been in the 100PF MAP program for over a year now, still have not secure my first multifamily unit.

But the bank still treats it as a secured debt.

Securing financing is often one of the biggest challenges new real estate investors face.

I just had tenants move out of my investment property (duplex) without paying for the last month's rent, and the damage they inflicted onto the property exceeds their security deposit amount.

What is the security on the above?

Key points include:Security Deposits: In Indiana, there’s no legal cap on security deposits, but you must return the deposit (minus any valid deductions) within 45 days of the tenant vacating the property.Evictions: Follow the formal process carefully.

experience: I’m on my 3rd flipage: early 40sday job: brand and web design/development retirement savings: noneI want to learn about buy and hold to secure having SOMETHING for retirement!