In NJ, for example, we rep a ton of landlords and require 3.5 months up front to rent which get you a better tenant and screening as we go through the NTN or rent spree (first month's rent, 1.5 security, 1 month realtor fee split between listing agent and rental agent).

The goal of real estate investing is financial freedom.Financial freedom requires a rental income that:Increases faster than inflation: Unless rents increase faster than inflation, your true (inflation-adjusted) income will continuously decline, and your time off the daily worker treadmill will be short.

DC will require you to have 2 egresses, so you will need another door, or larger windows (with no bars). 

I'd rather avoid the $3k+ fees, especially since it seems like you just apply for credit cards.

certain wholesalers pray on newbies, and rush the entire process so you do not have time to do the required due diligence. 

A bird dog looking to meet your requirements and standards!

Should I waive the escrow requirement?

In Florida HOA’s are required to carry policies with replacement cost, Actual value is not allowed by law.

But it's important to assess your financial status, emergency savings, investments, and cash flow requirements before making a decision.

I explained that i wasnt going to pay for it and she told me that her understanding was that if it was physically part of her unit and provided by me that I was required to service it.