Taking a deposit from tenants helps to mitigate the risk and may keep you from having to file an insurance claim in the event that there is any damage to your unit, plus if the tenants have "skin in the game" in the form of a deposit that they are at risk of losing you may have a better chance of renting to a tenant and getting your unit back in tact at the end of the lease.

I don't have the luxury of having private investors at the ready for whatever deal comes along since I don't have an established track record yet.

I guess I blame the game but not the players..

I’d love more time to work on my golf game!

Offer a move in special- reduce the security deposit and increase rents by $25-$50 a month, allow pets with pet rentMost people have problems coming up with sec dep + rent at same time in this price range- Also think about a lease to own for 6 months or an owner finance- those will def work and get you out of the rental game and into the mortgage wrap/note game.... much more lucrative, less headaches and easier to closePM me if you have more questions. 

Fret not, you are probably one of the vast majority of REI's.Before you can decide what to do next, you must establish a set of financial goals. 

@Victoria CrumpIn my opinion the name of the game is "Follow the Billionaires".

For most established attorneys, dealing with newer investors --- especially wholesalers --- are not worth the headache since they are not going to pay thousands of dollars for the legal work.  

Any other company that wants to establish is going to look more closely at those 20, because Amazon put in the work. 

It's really a numbers game so I'm going to keep pushing and marketing as much as possible.