I used furnished finder and keycheck to find tenants, screen them, and collect rent/security deposits. 

This strategy enabled me to close quickly and secure the property before it went on the open market, while also allowing flexibility for renovations and maximizing overall investment potential.

If you are going to go with secured mailboxes you will need to contact your local postal office and tell them you have two new boxes that you will need to get "Arrow" locks installed on.

My strategy focused on leveraging the future growth in the area to secure a long-term investment at an advantageous price.

Do you have to keep the security deposit in a separate account?

There was no response and we followed up again this morning and asked if they found a secure place to leave the key or else we offered to send them a lock box.

Consider remote monitoring tools (like security cameras), and budget an extra 10-15% for surprises.

But all of these investments operate under highly regulated and constrained exemptions to securities law, and I have been told it is very difficult to do the above legally.

This financing option provided the flexibility needed to secure the land and begin planning the development of 12 patio homes and two duplexes.

I don't delegate bookkeeping for security reasons.I finally realized that at this time in my life, it is much better for me to pay a bookkeeper.