Absolutely, but it will be helpful for the small handful deals you are representing yourself in an open sale, but in private sales it is becoming harder and harder in the current market climate to say I want to buy your property and you are going to pay me a commission on top of that.

Why are you looking for FSBO's or private sale?

I'm also a big fan of renting to other military personnel due to the extra securities it brings with it should your tenants do you dirty.

You can deduct tenant-caused damages from the security deposit, but you can't deduct wear and tear or stuff that just breaks.  

Should i still take some of their security deposit if the place is in decent shapeShould i share with them the fact that i need to occupy the place for a cheaper home loan loosing leverage?

I also ask for 1.5x rent for security deposit + first month's rent + cleaning fee up front. 

Shoot me a private message and I'll see if I can have him give you a call. 

Shoot me a private message, I would be happy to chat and let you know what I have to offer.

We are exploring using private money and have had a few people contact me through BP but how do I know they are legit?

This deal we are closing with private money, rehabbing with a line of credit, and then will rent and refinance.