I appealed the decision.As I was retaining my attorney my tenant destroyed my property after court causing $855 in water damages by using maxi pads and flushing them down the toilet.

At this point we've got a legal team on retainer.

You are obilgated to pay for the time your retain the premesis. 

This method is preferred when the security deposit is held by a management company not being retained by the new owner.Ideally, the purchase and sale agreements will specifically address the conveyance of security deposits.

I'm analyzing an MTR market in Arizona, looking for potential rent and desirability and I'm getting some mixed signals. 

Investor X decides to sell all 5 houses at the same time, and uses a 1031 fiduciary to retain all proceeds from sell.  

Buying turnkey you further give up the upside of forcing appreciation and adding value ...So, my advise would be to stay local to retain control over your RE investments ... study the investment for total return, which includes cash flow but not to the exclusion of everything else.

Keep after it.Make sure you are complying with your states landlord/tenant laws such as providing a document showing disposition of the security deposit (retained for unpaid rent, etc)

When you sell, you retain the asset...you just moved it to a different location. 

He asked if I would accept half of the damages and water as his portion and retain the right to pursue her for the additional 50% plus last months rent, late fee and key charge.