So, they have been living in our property that we have to make payments on and have only given us a security deposit and three months of rent for 8 months being in there.

Mainly have scaled through BRRRR method and some flips to acquire multi family.  

Some states let you charge storage fees that eat into security deposit.

The focus should be on solid systems, dependable plumbing and electrical, safe flooring, working HVAC, secure doors and windows, and items that will withstand long term tenant use.

Others stick with spreadsheets but update them monthly instead of waiting until tax season.The biggest mistake isn’t the method — it’s falling behind.

Quote from @Michael Santeusanio: Do you think experience carries more weight than numbers when securing capital?

I really appreciate the feedback, and I have been actively looking for opportunities to be involved with tradesmen hoping to be able to DIY most of my BRRRR projects and secure a high-paying position as an electrician or HVAC technician.As for college, I currently plan to skip college to keep my DTI low and focus more on scaling my LTR portfolio as soon as I am able to get approved for a mortgage.

And Good Luck collecting any back rent or damages above the Security Deposit.

We have 25 years of construction, technology, and security experience, so we're able to spot properties with the most potential and get them what they need.What about yourself?

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