I’m disagreeing with this specific claim: > In CA you can only keep portion of deposit used for repairs, you can't use it to cover all your other overhead cost

I’m disagreeing with this specific claim: > In CA you can only keep portion of deposit used for repairs, you can't use it to cover all your other overhead costs on a flip. So you are guaranteed to lose money on the flip relative to renting it. I’m not endorsing the notion that there is a grand conspiracy to house and evict tenants to steal their security deposits. Just saying that landlords can and do opportunistically steal deposits, even in California. That can’t be the reason the grand conspiracy is impossible.