I need to check with my attorney, but I would assume 100% of the security deposit stays with me until the other roommate's lease expires and she moves out?   

I would not anticipate much turnover so could be good cash flow over the long run, the question is the long-term appreciation… depends on your strategy and weather you’d be managing themselves or relying on unknown local property manager, contractors, etc.

@Jeff EbertRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I've heard that traveling medics are generally not home much.  

The thing is prices have increased and I don't know how much is left in the tank short term, besides the fact that capital gains are speculative in nature, like everywhere else.

I also need to mention he hasn't been to trial yet, so we don't even know if he's guilty of the accusations. 

Have you ever needed quick funding for a real estate deal?

I’m claustrophobic about the IO and wondering if I need to make a switch.

Whether you're drafting a new lease or just need a 30-day notice template, these organizations are a solid go-to.I also recommend setting up a consistent process for handling lease renewals.

If I hired a PM that would also take care of collections (among other things) would I still need a service like rent redi?