So you should remember that reasonable wear and tear is NOT damages and may not be offset by the security deposit.

Instead, make sure to prioritize the security deposit and use discretion in choosing renters.

Of course, set your rent and security deposit figuring this. 

I will have a separate bank account for the LLC, and I have separate accounts for the rent, security deposits and cash to pay for expenses for the property.

I was reading that Fanny Mae and Freddy Mac have specific requirements for refi when it comes to condos, and one of them is that it can't be an investment security, which the site said was an investment condo. 

Different areas have different rules but I keep it quick, brief, and electronic, no one knows why they were denied but everyone knows up front there will be many applicants and I pick the best, security deposits are non refundable. 

The amount you receive from ordinary income (401k distributions) is combined with your social security (after you start collecting) and due to its ordinary income status, can cause you to pay taxes on SSI....reducing your available income at the whim of the government....in retirement when you don’t have many options to generate income in a typical retirement situation.If you’re working a W2 for a while, and investing in your 401(k) at the same time-getting the match-you’ll be contributing to social security taxes today, and will be “entitled” (ie, forced to take) them later.Also, a lot of 401(k)s have 1.5%+ fees in the generic options...enriching Wall Street to almost as much as yourself with “free money”.I recommend you read “The Power of Zero” by David McKnight and “401(k)aos” by Andy Tanner.

They are NOT "security cameras" because we have not suggested we could, nor do we have the means to provide security 24/7 across the property. 

Hi Everyone,I was helping a client find a rental in the metro west area outside Boston and I noticed real estate agents who owned and managed the units they are listing were charging a brokerage fee to the potential tenant (my client) to move in to their home.I thought this was weird because why would an agent want to collect a fee from their potential tenant on top of first, last & security.

leases with security deposits are in contract. closing date is june 30th so there would be no pro-rated amount for rents. what can i do to guarantee they are up to date and i dont get stuck with someone elses problem?