I assume you got the security deposit from the seller so you can sue that to pay the missing rent and any damage that has occurred. $700 for a water heater sounds like a steal. $200/mowing seems high, luckily that will go away next month at the latest?

I feel like I do not owe them the deposit as per the lease, but wanted to see if pursuing this in court is worth the time.

I’d make sure to invest as fully as possible at least in my Roth IRA and if I had a W-2 job the employer matched retirement fund as I did none of that in my early years and am now playing catch-up.

If you want simple numbers, 80-20, capital by LP vs. capital from GP, GP will usually invest first 10% before raising any funds (legal, deposits, maybe plans, etc.)The return will be pari passu on contributed funds first, thereafter say a 50-50 return.

We are looking at flipping in the Houston area and I haven’t seen anything near that price range.I set alerts on Zillow as well as checking it 3 - 5 times a day As soon as a property comes up for sale that matches my criteria I have already thoroughly researched  the area I google the agents cel number.

So it is a matter of matching what you are trying to achieve with the neighborhood - and the specific part of the neighborhood.

They didn't follow instructions when they signed up to set up auto deductions, so they had a renter's deposit of $280.

It is about finding a balance that matches your risk tolerance and matches your life situation.

I want to deposit the tenants' security deposit in an interest esrming account.

I want to deposit the tenants' security deposit in an interest esrming account.