however the 5% allocation does easily cover the cost of rental income protection. 3. did you know that only 0.4% of all structures in the U.S. burn down - Yet EVERY ONE OF US has fire insurance.      

Obviously he has been burned.

You can also do a "burn down" of the security deposit.

Like I said I am new to this financing from a Flip/Reno side so I am looking for the best way to fund short term without getting burned on financing.  

DON'T USE THE "50-CENT" OUTLETS UNLESS YOU WANT YOUR HOUSE TO BURN DOWN! 

I've only had to replace the carpet in a couple bedrooms when there was a tear or burn that couldn't be replaced very easily.

Seems extreme, but anytime I've split the deposit I end up burned.  

Do not force a bad deal because you have money burning a hole in your pocket.

I'm trying to come up with creative ways to finance future deals without burning through all our capital.  

Very prompt on questions too... i've burned thru 5 CPA firms and a derek wins.