Your job is to serve the customer first.

The type of property that you're searching for will also dramatically impact the attractiveness of the property to other buyers.

It serves as the same function as a BRRRR refinance without the transactional costs and brain damage of having to go through a refinance process.

@Chris Seveney, I don't think the poster is just talking about professional squatters but all types of rental fraud.

This deposit serves as a form of protection for any potential damages or outstanding rent at the end of the lease term.Most of the property management companies offer various convenient payment methods to ensure a hassle-free experience for tenants.

What made you interested in investing in this type of deal?

We like to use Rubin Lublin in Alabama for these types of cases

Hey Tommy - where and what type of properties are you looking into as you start your journey?

Most of them have invested money into making the venue look nice, provide good seating options, good parking, entertainment options, and ideally, a place that serves beer/wine/etc.

I do know of lenders that will do these types of deals, but unfortunately not in NY.