Coos Bay is working on a mega grant..it could actually happen this time: If the project goes forward, port leadership and other proponents believe it could be a real gamechanger for our region.

@Mahmudul ShoikotIt’s your choice what you do, but why wouldn’t you help out your tenant to give you money?  

This doesn't mean you get to keep his deposit however you can deduct money from the deposit for time the property was held. 

I actually will size them up and move around them. 99% of the "REI" on this board do exactly the opposite of what I do. 

but the $7000 to pay off the vehicle will only save me about $600 in interest whereas investing that 7k into another home or renovations, like adding a new bathroom to my current 3bed 1bath home, would yield way more than the money saved.

I know that I stand to make more money per renovation by just paying for the work, but I'm attracted to the idea of partnering with him for a few reasons.

I don't mind source of income protections, I don't actually care how tenants make rent as long as they do and it's more or less on time.

If you hire PM on your first property, you are just tossing money away.

If 10% is sufficient, do that and keep the remaining money as a reserve or for your next investment.

@Abigail Lipson actually am trying to help and have found the brutal truth is most effective.Again, why not "practice" on your market in Austin where you can more easily verify whatever process you create?