Leaverage is fine, but it will eat into your cash flow.

Great answer from @James JonesI do tend to rely on the seller's documentation for security deposits, etc.

Quote from @Samantha Anderson: We’re trying to decide whether to move forward with a large cash-out refinance on our primary residence to consolidate ~$47k in debt and pull ~$50k to complete a nearly-finished ADU.

I implement the steps and use Innago (management software) to collect deposits, rents, and get leases signed.

Also curious if anyone is still finding cash flow above $200/mo on SFRs without putting 25% down.

Do you have a refundable damage deposit?

Of course cash flow is worse, you are putting less money down.

Landlord always signs last and Don't sign until you have collected all pre-move in funds due (in cash or a cashiers check on a local bank.)Emotional support animals are a mine field.

Did you deposit the reserve money with someone else??

Hi @Kenneth Kirkland, When you buy a property, the assets transfer but money like security deposits or reserve funds doesn’t automatically.