We prefer tenants to realize this is strictly for damages and not to be confused with last months rent at move out. 

Being conservative with my reserves is causing a lot of deals to look bad on paper (after moving out of the property).

And if one pays half and nothing from the other and you need to move on to eviction it could complicate the process and increase the time it takes.

@Gregory Jerome,If they don't understand it, move on. 

hello everyone, my original real estate investing plan was to buy several multifamily homes and house hack. but ive heard where i really want to move to, (south carolina) that state is not the best for MFH investing. what are the best type of real estate investing strategies in south carolina?

We have since formed a joint LLC, and properties we held were moved to it at refinance.

I've purchased a few owner-occupied properties in Washington, buying houses and fixing them while living in them before moving on to the next.

Appreciation is just the cherry on top.The last few years Toledo somewhat caught up with appreciation but I believe we are capped now.It's a slow moving market and always behind the rest of the country.There is just not enough demand/infrastructure growth like in other markets to support continued appreciation.Historical data shows the Toledo market appreciating at the pace of inflation which is nothing to brag about hehe.IMO, it's a cashflow play and you should consider building a larger portfolio because it will be safer.Owning 1-2 properties can be a "hit and a miss" and really not the providers or PM's fault.There is a high likelihood of turnover so it's important to build a larger portfolio.If you experience "drama" on 1 or 2 properties, the other 4-5 are performing and can subsidize any losses incurred on the few that temporarily aren't performing.Wishing you much success

@Christina Rogers  smart move a real estate sales career you can do all your life.. most wholesalers shelf life is lucky to be 6 months... there simply is not enough inventory for everyone who takes these courses or thinks they want to be a wholesaler to go around.. your all competing against each other..

Hi, it is homestead until this point because I lived in it but moving out next month and ideally looking to rent it out.