Take pictures of the condition of the rental; typically 50 to 100 pictures to later download on my home computer as evidence for justifying not returning the security deposit/suing the tenant.2.

@Charlie Fitzgerald do you think asking for an offer with a non refundable deposit within 15 days is the way to go here?

I like to customize my agreements to match the needs of the owner, and price them accordingly.

Either with months paid in advance or a big deposit.

Would THAT amount be enough of a deposit to buy another equivalent property (BRRRR)?

My question is, How should I endorse the check to be deposited in my bank?

He would recommend you sell your cash flowing properties as a deposit on your $750k unit, repaying an EXTRA $3267/m mortgage - for future appreciation, in the sweet by and by!

Renter's deposits will cover a few repairs. 

I chose 2005 as a cut off year because it somewhat matched the previous housing cycle.4. 

I went back to the store and traded it for a head board which didn't exactly match, but did fit up the stairs.