My plan would be to secure the deal, keep it rented and refinance it in the next year or two, and pay off the private loan.

We live in Barren County, KY and are secure in our finances and invested in mutual funds, but I would love to have more independence and not HAVE to work. 

My experience has been that as a new LLC/not part of a syndication, you will personally secure the obligation to a credited for the LLC anyway.In my mind, having the LLC makes you think of the rentals as a business-you need an accountant, legal team, property management decisions are more streamlined, and there is some pride in your own business, as well as those are the steps larger operators have as minimum requirements, and makes you ore credible at REIAs/networking events.There are a host of other factors that are constantly debated with strong, valid arguments on both sides, and I’ll steer clear of those to stay on topic to your post.

My first question is, can I ask for increased security deposits when if I renew the leases so that it is more in line with the new lease amount?

These items can be depreciated over 5 or 7 years: Fixtures, furniture, controlled access gates, alarm systems, computerized systems, security systems, movable partitions, etc.This accelerated depreciation strategy allows the property investors to immediately reduce their tax liability and in turn, increase their bottom line by offsetting income.

He requested his security deposit back although his ex-wife still live in the house.

With that being said, I am not an attorney nor a judge and I understand my determination holds no weight however, how can the attorneys/court system comfortably take this long to check what seems to be such an simple matter.

I'm starting to get into wholesaling but I am having a hard time actually securing buyers so I'm looking for better methods.

I don't have a refinance secured yet, but I'm optimistic I can work through some of the local credit unions to make something work.

My partner and I have already secured a domain on GoDaddy and an email for the site however all of the website builder tutorials I have watched have been for full IDX/MLS listing real estate websites.