But a lot of methods just didn't work for me and my personality.

Hi All, I have a property in NY that was damaged by water, then mold, and now is ready to be repaired before sale. I have holding costs, and M concerned that it won't sell before the holding cost money runs out.  The ...

Then, when you send the accounting of their security deposit, deduct that fee.I assume your lease and this fee is in compliance with TX law and TX law allows this fee to be deducted from the deposit.

If you have 16k cash and can afford the holding costs, live nearby and can keep the property and rehab materials secure it might work out.

@Logan Jorns Would highly suggest getting in touch with a securities attorney (as also pointed out by @Chris Seveney).

For example, you buy the place and the tenant could claim the Seller allowed them to paint the walls black or that their security deposit was twice what the Seller claimed.

I am currently looking to acquire my next property and contemplating what method to use. 

@L S I have also seen mention on hear of using a method where it sounds 'similar' to a 1031 but the facilitator hold the property for YEARS (I think determined by the seller/buy) and makes yearly payments to the seller. 

I am interested in utilizing the BRRRR method to acquire multi-family properties.

So, I'm new to the game, and I don't really know what I should be doing when it comes to actually executing the BRRRR method, its one thing to know it and study it, but another to actually do it.