She takes 6% of security deposit and 6% of monthly rents.

Yet on the ARV side it will secure a rehabber a phenomenal $350K on average.

When they move in, they always have to pay the full security deposit and one full month's rent, in cash or money order.

Security deposit to be returned according to the terms of the lease.

And I have a question about security deposits. 5321.16 Procedures for security deposits(A) Any security deposit in excess of fifty dollars or one month's periodic rent, whichever is greater, shall bear interest on the excess at the rate of five per cent per annum if the tenant remains in possession of the premises for six months or more, and shall be computed and paid annually by the landlord to the tenant.We're planning to charge $650 for rent and from what I've read, the security deposit should be about the same as one month's rent, so a $650 security deposit.

And, they are usually not aware of such short contract periods either.These contracts or concept to market a residence is very simple, that has alot to do with the popularity, the public understands, for the most part that you can rent to buy or do a lease option.

Him and his wife have been surviving off the proceeds of it, has gathered some income, but (the main challenge currently) he's a Depression era person who's seeking "secure" investment strategies.

It's public information.

I would avoid Craig's List as well.Place an economical ad in the local Thrifty Nickel or other free weekly publication.

I ended up using his security deposit to pay to have the junk removed and house cleaned.In your case, I would make sure they're gone and actually abandoned this stuff before removing it yourself.