If your lease doesn't list a termination fee, then you don't get to make one up as you go and you can't apply the deposit to a made-up charge.You have almost 60 days to advertise and find a replacement tenant.

I'd be happy to provide more insight - feel free to reach out!

Since your experience level (1st investment) is very limited, I'd speak with some title companies to get a feel for comfort level in working with them.You'll be asking a bunch of questions (you should!)

Feel free to PM me.

I also set up my new corp and got a call from 1800acct pitch sale was great seemed like I had a great company working for me, after first phone meeting w my accountant I realize i made a big mistake , they tried to charge more for any variables I had , I got the year deal paid in full and they run away with my money they didn't reimburse a penny total ripoff guys!!!

This feels naive. 2) Do I withhold payment until his insurance company will verify his statement about payout should he vanish?

I am looking to buy another house in late 2025 to move to and house hack again but I feel like I have info overload!

That appreciation upon exit is where the real money gets made, and that cash flow is simply a little gravy along along the way.  

We do feel like we are throwing money away helping her with rent when we could be putting it towards an investment property instead, but there is always the fear of pulling the trigger on the first home that isn't your primary. 

This is a complex topic so totally understandable you are feeling overwhelmed.