Taking a deposit from tenants helps to mitigate the risk and may keep you from having to file an insurance claim in the event that there is any damage to your unit, plus if the tenants have "skin in the game" in the form of a deposit that they are at risk of losing you may have a better chance of renting to a tenant and getting your unit back in tact at the end of the lease.

I would make sure you are not posing as a true cash buyer unless you have cash.

That is especially true now when good deals are hard to find.

I would look into working with another lender.Flat roofs indicating older properties (true) does not mean older properties can't have pitched roofs.

Just remember that BRRRR is a short version of the true process. 

And it’s one of those things that sounds to good to be true.

I have read that this is not seen as a source of income by banks because they see it as non long term, which is true.

I have read that this is not seen as a source of income by banks because they see it as non long term, which is true.

I guess I blame the game but not the players..

I’d love more time to work on my golf game!