Even if only a small fraction of that can be "liberated" it's incredibly powerful.There are many ways to navigate the securities law issues. 

@Dave Meyer my guess is your best argument is the three suing you don't have a lease with you and the security deposit is not their's. 

My business partner and I are in buying mode and we're closing on a 3 family tomorrow because the deal is so good and the property will cash flow like a fire hose after we've made a few improvements/secured tenants. 

Is my only option to let them damage the unit and take it from security deposit after they move out?

Anyway, I am now a little older, wiser and more financially secure and have got the itch to get back into the game; the right way this time.

I was doing the cash in/out math on the BRRR method manually to get a better idea of how it's all calculated.

Hoping to get away from the 9-5, while securing a safe financial future.Looking forward to learning and building my business. 

Thanks for all that info and I hope my research helps you out too. even with this method, you end up owning the house at retail cost.

I was thinking on the BRRR method on the next one and hopefully continue.

I would consider using the house hack method on a single family home as well.