If you fail to send the security deposit accounting you must return the entire deposit regardless and can be liable for treble damages (3x the SD).

It states that the title was never in the previous owners name due to his failing health and he owed back taxes on it and that my friend was responsible for paying those taxes and transfering the title.

Hi all! So I am a type 1 diabetic and I have 12 boxes of insulin pen (Novolog and long lantus). I submitted a work order for fridge March 1st and they came fix it. The fridge broke again after 2 days, they send a guy ...

@Chuck EmhoffI couldn't agree with you more that prevention is better than cure when self-managing, and especially in older property, is where property managers very typically fail their clients. 

A lot of your peers starting out will try and force buying somewhere where it doesn't work, then end up pushed out the game in a harsh manner because of failing to calculate alternative options that will set them up for long-term. 

Just these two books have got my brain thinking of how I can get my first property, even though I have a minimum wage job, and no type of savings to back me up if I fail.

If you fail, you'll lose the property.Either way, you'll work your behind off like you've never done before.

I learned the hard way and had to go back and recreate 3 years of books when the digital world failed me.

@Michael NotoMichael what if they fail to provide an address, can youThen keep the security deposit once it has exceeded 30 days?

Like Jason said, you might be that 1% who doesn't fail, but the odds are entirely against you.