Once you have verified that they are paid in full by the previous tenant (or any of those tied to the property like water), and you have inspected the house, then you return the balance of the deposit.If you are moving into the house, you will need to set up utilities anyhow, but if they move out Oct 31, they start in your name Nov 1.For the inspection, take photos of any damages. 

I have the 3.5% I need to obtain it, however, those funds are tied up in another asset that I cannot access for some time.

If you bring in passive investors, you will need to follow some SEC rules and do a PPM.You will need some seed/pursuit capital to tie up the deal (deposits, 3rd party reports, lender deposit, etc). 

There are a few number of lenders who will lend on MH in general unless it was built within (20 years) attached to a permanent foundation with hurricane tie downs and concrete pillars and skirtings on owned land not on or in a rental lot. 

We're catching up on decades of real estate and living costs rising hundreds of percent while wages for these types of jobs remained stagnant or increased slowly. 

The reason would be that the tenants are not taking care of their apartment and I want to make sure they remain conscious of taking care of the apartment.

I agree with Omar regarding section 8, but rental market remains hot throughout Sacramento regardless and doesn't necessarily have to be section 8.

But sounds like, no matter who has the loan, expense and income ties with ownership.

Hi Daniela,It would be smart to have an inspection done on the furnace paying close attention to age and if the heat exchanger is cracked (a carbon monoxide danger).Using a home inspector might give you a better opinion than a furnace sales/tech type person.Find out the remaining years of service life for the furnace--and the cost to replace it when the time comes.Good Luck!

The measure of damages is the remaining rent due under the Lease.