And you’ll learn a bit about the business while having a pretty secure investment. 

Because of it's use the Fire department/Bldg Inspector insisted on a security system with alarm monitoring direct to the Fire Station.

Surety bonding protects you from all non-performances and locks in your price, so bonded contractors will make sure that their behind is covered on all worst case scenarios.

I find some security in having equity in the property and not being leveraged 80/20 on a lot of properties with minimal cash flow from each.Thanks for your responses.Dale.

Verification:Rental of Other Property Not Securing the VA Loan Obtain the following: documentation of cash reserves totaling at least 3 months mortgage payments (principal, interest, taxes, and insurance - PITI), and individual income tax returns, signed and dated, plus all applicable schedules for the previous 2 years, which show rental income generated by the property.

We settle in 3 weeks, has anyone ever put up a Craigslist post (no pics or address) BEFORE settlement to try to secure/gauge interest? 

Rents are collected via social security and donations from non profits as these are elderly people, therefore the rent is paid timely- Thoughts?

I am seeking an understanding of something in particular that I haven't been able to find in the forums.It is likely that we will be seeking an eviction judgment against our current tenant and I am wondering how the security deposit factors into that judgment.We will ask for rent & fees owed and court costs in the judgment.

@Jermaine Riggs   Remember the 6PsPrior Planning Prevents P*ssPoor Performance There are steps that you can be taking today that will better ensure you will be able to qualify for the best of terms on your purchase in TX.1. have a Mortgage Broker run a Tri-Merged MORTGAGE credit report and pay the extra $15 for them to also run the "What If" score increase simulator to know how best to pay down debt in the interim2. start eating MREs and saving like a maniac until you close as the more money you can show in reserves Post-Closing, the better the programs you can qualify for.etc,etc,etc,   

Paying cash may help investors sleep better at night (ignorance being bliss) but losing all that money every month is certainly not wise investing.A wise investor maximises leverage to generate highest returns on cash and holds a reserve in other vehicles to be used for the same security as dead equity while still earning maximum returns.