You may be just fine, but for me, the additional costs are worth the security and peace of mind.

I'm selling a property on which I have a private second position note securing a loan from a relative.  

This afternoon I had a meeting with the owner of the outsourced security firm for our neighborhood (looking to upgrade some surveillance equipment).

Still have their security to disburse.Thoughts?

So what if you lose your security deposit?

Hi Amy, I am not a realtor but work with commercial buyers in securing commercial financing.

Depending on the amount of money in your IRA, you can use the funds to invest in a piece of Real Estate directly - OR - you can use your IRA as a down payment, and your IRA can secure a non-recourse loan to finance the balance of the purchase.In either scenario, your IRA is the property owner - all income generated by the property flows back to the IRA, and any expenses (repairs, improvements, taxes & insurance) are paid with IRA funds.

You have a start point but I would suggest you try and target a tri plex or larger for better financial security starting out.

The more sophisticated way to calculate CapEx is to amortize the costs of those big ticket items over time.

I already will be getting all security deposit on hand, prorated amount from 6/2-6/30.