I will highlight my 2 cents as a 15-year LL veteranDennis M from Erie makes a solid point - $500 deposit will not cover the extensive damage that a pet can do and the repair work that may need to take care of.So YES - you can get a little more money with non refundable deposits, or deposits, or higher rent.BUT actually keeping that money at the end of the day is hard to do.One thing no one has mentioned - that is that good prop mgt requires regular consistent checking in on the property - even better when you can drop in on a repair when they are not home or not prepared for your visit.

Although you may not be able to hire a handyman full-time, would it be worth considering hiring someone to work for you 1 day per week on a regular basis?

In order for rental property to be counted towards regular income you must have the property rented out for 2 years.My question is does the 2 year rule apply to each property separately?

We work with 7 different banks regularly because some terms are better than others with different properties.Good luck to you.

I have a question for the community, I often hear from a lot of gurus online that it is always best to send and make daily offers to Sellers or motivated sellers on a regular basis.

Some are just regular people, but some are clearly investors. 

Regular home insurance in Corpus is higher than nationwide; figure on $1/sq foot/year. 

There are a few you can choose from.Thanks Dawn, I will have another look but everything I see online is just a regular amortization schedule and nothing to quickly look at the savings with compounding effect.

Alot of people use wholesalers because their properties are distressed so listing it by regular means would not be efficient.

@Brandie Lyons if you don't want to do the regular marketing others are doing, have you considered leveraging your personal network both physical and online?