You might consider getting a deposit through a credit card but at move in, have those funds be certified.Second, it sounds like the former renter made up an excuse but the main thing is that if a renter does not want to live there, I would suggest finding a good exit strategy. 

The IRS considers it a loan, just like any other, that represents potential interest income to the lender (in this case, you).

@Eryn GarciaInvesting in student rentals can be a lucrative strategy, but it comes with its own set of pros and cons.Pros:High Demand: College towns typically have a consistent demand for rental properties, ensuring steady occupancy rates.

If the home sales start to increase it would be around late 2025 so by early to mid 2026 that would be your window to refinance and pull out some equity.You would probably see the rental market increase by late 2024 as the initial plant managers and workers move to set up shop. 

HOWEVER, my question is: given our goals/strategy, when analyzing returns for potential deals on the single-family rentals, along with a relatively low cash-on-cash return of roughly 1-2% should we allow ourselves to consider/count on 1) modest appreciation growth of only 3% year over year, 2) expense increases mirroring the current CPI of 3.5% and 3) low rental upside of only 1% (or even 0% given current market conditions).For example, if a deal gives a TOTAL return of roughly 15% year over year for 10 years but only starts out at about 1% cash flow via long-term rents, is this a good idea?

I am considering investing in Orlando so I need to build a team there.

I want to bid on a foreclosed property offered from an online auction but want to know what due diligence should be considered besides financial analysis.....

If your profit was only $300K. then you'll pay tax on the $300K and the other $55k would be considered a return of your basis.

The one I use charges 8.5% a month, when there is a vacancy they get nothing, when they fill a unit, they get a set amount plus advertizing costs (not one month's rent which seems to be more common in the US), and when there is a problem they deal with it. 

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