I may make an exception if a tenant is extremely helpful in re-renting the property and leaves the property in exceptionally nice condition, etc.I pulled this directly from the SC Landlord/Tenant Laws (http://www.scstatehouse.gov/code/titl27.htm):(18) “security deposit†means a monetary deposit from the tenant to the landlord which is held in trust by the landlord to secure the full and faithful performance of the terms and conditions of the lease agreement as provided in Section 27-40-410.I interpret this to mean that, if a tenant fails to perform the lease (i.e., does not stay for the full term of the lease), I can keep the security deposit.

You do not want to be putting properties under contract and then fail to perform.

In the end, your title company failed you becuase they should have notified you of the transaction.

This is EXACTLY why the vast majority of newbie landlords fail.

Hi,

I was hoping to get thoughts and experiences on making a profit (if there is room) when there is not a large enough spread to close an A to B and B to C. If the spread is not there, there is no reason to kill th...

But, in reality, the same players that were going to succeed with my "secrets" would have succeeded anyway, and the ones that would have failed without my "secrets" were destined to fail even with them.

Greece was a case when the government failed to reveal the true state of their finances.

Jferrari,If all else fails, go back to the house and ask all the neighbors if they know how to contact the owner.

I failed.

For example: I closed on a property last week but the closing got delayed for 2 weeks because the seller (bank) failed to provide a trustee certification and my title co advised me not to close until we got one.