I am saving up money to make our first investment into real estate and am now considering simultaneously getting a real estate license for the resources, learning, networking, and hopefully down the road, a bit of extra income. 

Just sell it and keep the extra money.

Just figure on building in an extra cushion on whatever the project is. 

I'm with Dave on this one Ash, If your late fee is fifty bucks - you've made an extra three fifty in the deal.

Some of my guests have asked if friends can stay an extra night or whatever and that’s usually fine.That brings up another point.

The problem would be getting them to commit and look at this, I know a lot of management firms utilize these deposits for extra revenue but they need to be fair and give you every opportunity to correct. 

I am using the BRRRR calculator for the first time and am having some difficulty inputting my numbers and getting accurate figures for a property I rolled repair costs into. 

I'll keep in mind putting extra $$ aside to deal if the issue should arise. 

File for eviction the second you can and don't even give them 1 extra day in the future 

I am wondering if there are any special requirements or difficulties I need to know about or should look out for?