In my 10 year multifamily career, I've performed the duties of leasing specialist on a 500 unit community, assistant manager on 400 and 550 unit communities, and community manager of 250 and 200 unit communities.

The security deposit they forfeited was basically a months rent, during which time I could get the place rented again.

If appreciation plays a big role in your investment strategy and/or you're buying all or heavily cash, Austin could be attractive.If you are good at performing due diligence and can purchase something cash, then you could find a rehab/value-add (BRRR) opportunity. 

Your average real estate investor does not have to worry about things like fraternization or their security clearance if you have one.

Quick question for experienced note investors : We are looking to build up a portfolio of performing notes.

I’ll explain, the majority of people get W2 jobs for security reasons like a safety net.

You do need to understand debt and the underlying securities but this is certainly lower risk than above.Note funds.

If you were worried about them taking it out on your tenant or your property you could always install a cheap security camera set up. 

If the funds are secured from a residential property they do not need to be in your account for any period of time. 

Where can I buy a performing note?