PM's will keep all late fees, they hold the security deposits so they collect all the interest on security deposits. 

Creative financing options like seller financing or assuming a low-interest FHA loan can also help you secure better terms.

One powerful tool that can help investors secure better loan terms is asset utilization—especially when the DSCR (Debt-Service Coverage Ratio) is under 1.🔹 How It Works:If your rental income falls short of covering your mortgage (PITI), you can use liquid assets to supplement your income.

Choose the Right LocationProximity to Campus: Prioritize properties within walking or biking distance to minimize transportation costs.Safety and Security: Research neighborhood crime rates and local security measures.Access to Amenities: Look for nearby grocery stores, healthcare facilities, and entertainment options.3.

Develop your negotiation skills so you can secure better pricing, seller financing, or terms that increase your bottom line.

I had found some regulations about VA guidelines and it speaks about recent separations and states that anyone who has recently seperated and doesn't have the needed 2 years job security can still be processed but underwrites will use their best judgement and will have flexibility.

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. 

They need a contract with email addresses and social security numbers to provide the amount.

Since you're 6-12 months away from buying, use this time to build investor relationships, master deal analysis, and secure financing.

Security brought some learning lessons for us.