It takes a lot more work but I feel more comfortable being in control of my investment.

The landlord is also barred in any action brought by the tenant to recover the deposit from asserting any claim or raising any defense for retaining any of the deposit unless the landlord shows that circumstances beyond the landlord's control prevented the landlord from providing the statement within the twenty-one days or that the tenant abandoned the premises as defined in RCW 59.18.310.

@Dustin Willard Sounds like a Margin account... only without the controls and protections.

Possibly using a professional third party vendor for the pre-inspection is a great idea, give a copy to the owner and tenant Excessive holes in walls Broken tiles or fixtures in the property Plumbing backups Repainting where a tenant has repainted from the original color Tears, holes, stains or burn marks in carpets Missing or damaged blinds Broken windows and window screens Broken doors and locks Broken or damaged appliances Excessively Dirty Pest control if you see Bugs and or fleasJunk or trash left behind Past Due rent Fees incurred from fines from the association due to the tenants conduct or lack thereof Water damage to hardwood floors Missing outlet covers Remotes for garage or gate if not returned Rekey of locks if tenants did not return the keys Unpaid utilities, as long as they were part of the lease agreement Undoing a tenant alteration This is a sample of things that are usually considered to be normal wear-and-tear and should not be deducted from a security deposit: Slab or plumbing leak Normal rug wear.

I'm interested in knowing the strategies that others are using to obtain control of their equity.  

They would have no interest whatsoever in putting pressure on their margin by building too quickly and having units sit in their hand for too long.Result of this is an equally limited/controlled availability of rental units, simply also because not every new construction is rented - there are actually people who owner-occupy as well, so I've heard LOL.

It is clear that the presence of all of these factors would compel the conclusion that a sale has occurred; moreover, since a single factor is not controlling, the absence of any of them would not compel the conclusion that a sale had not occurred.

Until then, you as the developer control the property.Getting sales going is the barrier.  

If they have Care Custody and Control of your property, but no insurance, you could open yourself up to range of claims that are not coverered on your Lanlord policy, such as Work Comp and Discrimination claims. 

Another benefit of being an owner occupant is the building is no longer subject to rent control.