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Old 03-06-2013, 06:07 AM   #14
Belmont Resident
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Join Date: Apr 2004
Location: Belmont NH but prefer Jackman Maine
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Default Good luck

Remember though there are a lot of things that are not covered under a security deposit, normal wear and tear really take their toll after a while and can add up to thousands of dollars in repair costs over time.
Do yourself a favor and set aside a fund to do repairs as they come up.
I've been in some really high end rentals that IMHO look like crap because the owners do not want to put any money into them. Painting, refinishing floors, cabinets all require more attention and unless abused are considered normal wear and tear that cannot be deducted from a security deposit.
Just some helpful tips, we own rental property and would NEVER consider going down that road again. The majority of renters just do not treat rented property nice at all and if the cost to fix exceeds the security deposit the time required to recover that money is staggering and costly.
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