Plan 2This plan keeps the same hall-way but creates an entry way through an existing bedroom which we use purely as an office room.

What would you charge to the security deposit for this damage to the wall? 

Jerry is now asking me for half security deposit after lease term expires.

@Patrick Chiles I actually participated in this program with 10 houses last year, and yes-- I always got rent during COVID, got double security deposit, and we had 1 success story (maybe 2).   

My opinion, don’t go Airbnb, corporate housing is way more secure and less problems with municipalities and neighbors.35k investment generates $1,500-$1900 cash flow.So with $100k, you can easily hit your $4500 mark.

I just secured a 1mil umbrella policy and all my properties have 300k in liability.

Use it to secure created paper to help you buy the next deal.

———————Bryan,Thanks for the tip on securing the necessary permits, I definitely wouldn’t want to run into any issues down the road.

Get a security camera.

:Speak with a securities attorney to develop your entity, either 506b or 506c typically.