I'm retired Navy and I currently work for the Government, so stepping away from the security it provides will be scary.  

What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuitsHow familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?. 

What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuitsHow familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?. 

I have laid out the fees as follows...New security deposit of 1250 (up from 1000 originally). 

The tenant will pay the fee + first, last, and security.

hi, I want to install security cameras with audio in a building  in Essex County nj.Someone claimed that if I put on audio, by law I need to post that in building. 

By screening applications and selecting people with secure jobs, good income, and good credit, you will reduce the risk a ton.I manage 340 rentals and less than 1% of them ever leave owing more than I have on deposit.

@Chris Bisaillon of all the national lenders I've seen investors work with Aaron Chapman with Security National Mortgage Company has the most competitive rates and actually meets timelines.

If it hasn't redeemed in the allotted timeline you can either walk away and cut your losses or proceed with foreclosure to secure your investment.  

Navy FCU was not offering a HELOC secured against an investment property (i.e. non-owner occupied), neither Wells Fargo nor the several small credit unions I called were "doing investment HELOCS right now".Details:  3/2 SFR.