A girlfriend that was with him gave me a check for $400 toward the $753 first month and $753 security that was due at lease signing.

I would not want my kids' names and pictures in a file in a public place with only a teenage lifeguard protecting the security of who has access to it.

Security deposit !

I know that depends on the deal and its particular numbers, but I like that you are helping the seller make more money and you have a guaranteed profit with security.

FACTOR TIME, WHAT YOUR GETTING, THEN COMPARE APPLES TO APPLES.ASK WHERE THERE MATERIALS ARE SUPPLIED FROM.

I believe the biggest factor in this dynamic is supply and demand and available land.

There are many, many strategies you can employ including some where you are not a deed holder, but simply using your funding to supply an experienced investor with capital for a short period of time.

This even makes file keeping even easier because I don't have to have files locked and highly encrypted/secure because they have social security numbers on them.The problem: I never get the social security number once they become a tenant.

Facts:- We have not agreed to anything yet- This tenant has been top quality- The property is a SFR- She has offered to co-sign a 5 month lease (the remainder of hers) for her dad who is recently divorced and living on social security ... for a reduced rent

Thanks Bill Gulley for adding the standard leases available at office supply stores.