Trina, my property manager, looked them up and they don't exist.The police REFUSED to act or intervene as this 'tenant' had a lease and said the only way to remove him is to file for eviction through the courts which will take 60 days.Trina is getting power and water turned off straight away to make it less comfortable for the guy.

Every person will have different circumstances, different background, different resources available, different comfort level with different strategies, etc.

Ultimately is a balance between what you're comfortable paying to obtain the right person for the job.

As a result, you will run into some situations where they will hold, rehab and then sell at ARV.In this case, place an offer on the house you're comfortable with. 

Most tenants assume 1-months rent for Sec Dep is a given, so some don't even mind losing it; But if 2-months is the limit, that may be enough to motivate a tenant to care more than usual.And finally, become (somewhat) comfortable with the possibility the property will be used or abused at some point. 

The longer I am here, the more comfortable I get with the rent as is.

@Corey Beckwith Account Closed  Thank you everyone for their input on this I have my new offer in with 25% EM (all I am comfortable with at this point).

So my wife and I make more that enough to live comfortably but want to fast track our residual income. 

That was the first time I felt comfortable with it because of the added complexities when figuring out what the houses will re-sale for, plus the fact the price points are higher (though price points vary based on where in DC you are, of course).So if I were you, I'd check out Southern MD

$500-700 per month negative cash flow is a bit beyond my comfort level.