I even offer them their security deposit back if there is any repair work to be done because of them if they are willing to do the work themselves and pay for any needed expenses.

Let's hop into a private message thread so I can get a little more detailed info so I can advise correctly.

Is it just a security measure in the event that he doesn't pay me back, so I can claim the property without having put 100% of its value down?

@Addam Driver Securing Multi Family investments typically requires heavier underwriting on the property side. 

I would love to meet some private and / or hard money lenders in the Lake Norman, NC area.

Thanks everyone who replyed to this post - mostly privately of course.

Security cameras are worth every penny.

I know very little about commercial space but have a good commercial property resource.3) Use private money and leverage my flexible schedule to manage deals.4) Go into saving mode until I have enough money saved to continue deals.Anything I'm missing here or any recommendations from someone who has made this transition?

After advising the owner to move the vehicle or it will be towed, contact tow company and have it removed from your private property.

Or would I need a private or hard money loan, out of which I could refinance for better terms?