I want to use standard conventional loans and put down 20-25% deposit for each building.

It took mlabour a month and a half to get the dog insured and the necessary deposit to be given.

She will not receive full confirmation until next week when the company gets back to her regarding an open position.Both girls have offered to a pay higher deposit if needed..

Full disclosure my company is one of the larger property managers in the area but there are a few others that I have had positive experiences with that can share for your research if you would like.The best strategy will be the one that matches your skill level, resources and tolerance for risk.

Indemnification agreements are common, security deposits may be or include offsets, assignments of bonds, insurance, receipts, etc. such usually in a larger complex.....how many sq ft are you looking at? 

Massachusetts has extremely strict laws for handling security deposits.

I simply take the full deposit on the date of move-in and pro-rate the remaining month's rent.But yes, hustle to get it looking great (especially since you've just closed on it and you'll be highly motivated to get into it).  

Hi I'm new to the group, but find it great educational material.I'm renting my condo in Florida through RE agent, and come to a situation where agent found a potential tenant for me, now the agent insists that I sign the lease with tenant and tenant is approved by Homeowners association before forwarding first/last moth rend and security deposit to me.

This is in Richmond, VAI have already paid a deposit of $1000 on this property but after running the numbers through the calculator on BP and accounting for 10% vacancy, 15% Repair & Cap EX COMBINED and paying for water at $50 this property comes in at 6%-8% cap rate and it seems like it has the potential to be a money pit or at least no returns.My question is am I being overly cautious or should I cut my losses on this one and back out of the deal?

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