Once we retain a couple of properties and have a good Management Company in place along with a good distance team we are going to start retaining larger buildings with 24-50 units.

The most important thing to follow with your cash is to keep it moving, bot park it...as long as you retain possitive cash flow.

Great thread I'm learning and retaining all of everyone's mistakes!!

Second, retain a lawyer and get this worked out.

this is in Massachusetts, which is notoriously Tenant-Friendly, and she says that if you backed out on the rental, then it's perfectly reasonable for the LL to retain your deposit.  

When a lawyer sees a trust in one state who has a trustee residing in another state with beneficiaries that might possibly reside in a 3rd state or even in another country he stops in his tracks and asks his potential client for a huge retainer in order to proceed.  

You're taking about contingent liabilities, one spouse dies, who goes on the hook to keep and retain the level of assets? 

The indifferent landlord solicits and retains the best quality tenant(s) and sticks to their criteria.This question comes up a lot and at some point, somebody will likely make a sticky note about it.

This means that, in the Birmingham market and likely several others, you could invest in a solid B property that cash flows nicely and will retain value over time.

The deposits do not belong to them, so they have no right to retain them.