So if the landlord only owns one four-plex, or two duplexes, or a single and triplex, and the landlord is a natural person (not a corporation or partnership), or the landlord is an LLC in which all members are natural persons (no corporate or partnership members in the LLC), the landlord can still require two month’s rent as security deposit.So for those CA investors who invest in properties with four rentals or less, and place each rental property into its own LLC, and the LLC members are all natural persons, those investors can continue to require two month’s rent as security deposit.

This is really something you or someone trusted would need to oversee in person. 

Here are a few:https://www.biggerpockets.com/forums/92/topics/189151-norada-real-estate https://www.biggerpockets.com/forums/311/topics/322300-norada-real-estate https://www.biggerpockets.com/forums/311/topics/433367-first-time-buying-turn-key-property-out-of-state-norada https://www.biggerpockets.com/forums/92/topics/496083-norada-real-estate-investments Also, feel free to contact our team of Investment Counselors for more specific recommendations.Continued success!

I have personally helped a lot of veterans with VA loans.

But 2024 is the year I feel called to truly start my journey and I’m excited for everything I will learn along the way.Thanks for reading and have a lovely day!

I personally love the Cleveland market for its cash flow.

Hi Michael,The property will have to meet all of the VA's minimum property requirements, if you want a complete list, they are outlined in Chapter 12 of the VA lender's handbook: http://www.benefits.va.gov/warms/pam26_7.aspAlso keep in mind the appraiser has discretion to call out repairs outside of the MPRs if they feel there is an issue that keeps the home from being safe, sanitary and sound. 

So, please feel free to reach out here or on one of my other platforms!!

You can also offer to be there on site while they are out to make them feel more comfortable.

Coming to the end of a project running the numbers and asking myself if keeping or selling is the best way to go on that particular property.Yes, I’ll save the emotions for my personal residence!