I have had a goal to do more RE networking this year and to that end I have made it to two of the San Diego BP socials mentioned by @Gregg Watkins (I do not get a pull down for his name) and hope to make it to more this year. 

I am asking because I always come across discussions mentioning the 21 days rule, but never heard about the 60 day rule.This could have major implications, as by the 21 day rule, landlord would have to return the deposit by 07/21, and would potentially lose rental income for August, depending on the market, as rents are typically hard to collect after the deposit is returned.

Could you confirm if there are cats please.I plan on responding tomorrow.Yes the lady above does have a cat too. ( she never told us about the cat when she signed the lease but we feel she is a good renter so we let it go ) I never thought to mention a cat when showing unit, only mentioned the two dogs because they bark and l wanted a tenant that is okay with that.Do l have any legal obligation to have let him know there was a cat prior to signing lease?

@Hector Bilbao I was referring to the 3 rental properties @Adam Sankowski mentioned, not the AirBnb at his residence. 

heynot sure if this is the right subforum, excuse me if it's the wrong one.i'm thinking about investing in a rental property, long term rentals. i'm having troubles deciding what is the best option, a condo or a single family house. a few relevant details - i will be buying the property 100%- i will hire a property management company. worth mentioning also that i am not living in the us.- just to give a sense of what kind of property i'm talking about, let's say the current plan is a 100k property in orlando fl. from what i understand, to pros of owning a condo is that most of the outside repairs are being taken care by the hoa, which means less troubles, downside is of course it will cost me 200-300$ a month (rough estimate, looking at the properties i checked so far) and from what i understand condos appreciation tend to go up less in time.so my questions boils down to the difference in repairs cost:- usually the rule i hear about allocating money to repairs is 1% of the house values. is that value the same for both condos and single family?

Hi @Joe Scheffold, you mentioned in the headline that this is a short sale but I don't see that referenced in your body.

But as mentioned I live in England.

I also have the Rehab and Flipping books mentioned but haven't read them yet.

Ok what are the multiple reasons you mentioned so we can help find a solution to them 

There are plenty of opportunities, but as Chris mentioned its also a lot of work.