When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or to refund to the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account that is specifically designated for future investments.

With that being said, there is risk involved but I analyze each deal and make sure that the profit from the flip will give me enough to pay all loans back and have excess.

As far as the networking goes, I would definitely encourage you to save your money and attend or start a meetup with other local REI. stay clear of meetups that charge excessive attendance fees.

The hidden issues are the tenant drama, frequent move-outs and vacancies, and sadly excessive damage repair.Hopefully you are aware that San Bernardino is in bankruptcy.

Our lease calls for no nuisances such as excessive noise.  

You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.

and you can 1031 the excess and the depreciation recapture in the 1031.I've had clients do this and the 1031 portion of their purchase buys something that they use for investment for a few years and then move into it thus converting investment to primary so they can once again take advantage of the 121 exclusion. 

(No kids, excessive debt, responsibilities that come with age, etc.)By the time you reach 21 onward your experience level will be that of a budding pro when others may not even have begun which would be incredible for you and would carry a lot of momentum.My biggest advice in the wholesaling world would be find someone who is doing it and doing it well, ask them to bring you on for free or very minimal pay and absorb all of the knowledge in return for time and effort.

Maximum penalty for all these failures to disclose would be in excess of $250k.Keeping you in compliance IS saving you money, even if it costs money in the now to do so.

Could excessive weight be 1 issue?