I can't speak to Texas real estate license code, but in general, as soon as a property management agreement is terminated, the tenant's security deposit is no longer the liability of the management company. 

@Julia BlytheI've purchased from there before and the unit is warrantied by the manufacturerIf a warrantied part goes bad, I can have my HVAC guy take it to a supply house that sells goodman products and get a new part I've found that acwholesalers is oftentimes cheaper than the supply houses or that they will match the price of acwholesalers acwholesalers also sometimes has coupon codes you can enter to get 5-10% off

I've found that it's easy to get off track trying to make the system work, look pretty, calculate correctly, print out correctly and still be able to search for a single record in real time during a lead call.If all you're doing is mailing, you can probably get away with Excel files and add a code to your mail pieces for control purposes.I've set up a number of DB's in Access, and must say that the most current version is not very user-friendly and I pretty much stopped using it.I've watched another friend create elaborate list management and mailing programs in Access, however he's a programmer-type who'd rather spend time writing code than talking to prospects.

My biggest concern is that the law (I actually read the codes, lol, and quite a few legal forums) seems really unclear about the last month's rent.

I tried one entry code deadbolt but it has had problems with jamming. 

You could buy a list of people with equity from listsource for your target zip codes, then try to call or visit those people.  

I am trying to log into the link given for tonight's webinar on rental property and the url gives me error code 404, not found. 

The banks hire companies to watch over the properties and make sure they don't become a real eyesore and stack up code violations.  

Far less compliance issues, less regulations, code issues, etc. they are not the same.The only a few ways I know of to get 30+% out of a multi is to have it leased under a Section 42 project where you can have higher returns on YOUR money thanks to the funny money from the management fees and tax credits.Another way is to have a non-profit and run a half way house that is exempt from the rules all the other landlords have to play with and stick 8 or 10 residents in some slum at rents they would other wise never pay, but since they are court ordered to live there, they gladly pay higher rents.Another way is to flip an option on one, not really fair since you're not in title, but it is a return off a multi family.Another way would be to buy a discounted note on one, have to foreclose, clean it up and flip it.But, if you're talking about buying a multiat market vale and leasing it up, and just running the project, I doubt it very much.

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