The most profitable turnover is the one that never happens. Retaining good tenants is far more cost-effective than finding new ones.

Under the Federal Fair Housing Act and Florida law, service animals and emotional support animals (ESAs) are considered medical tools, similar to a wheelchair.

After receiving your notice, the tenant has 15 days to object to the deductions in writing. If they do not object within this timeframe, you may deduct the claimed amount and must return the remainder of the deposit to them within 30 days of your initial notice.

Upgrades can lift rent, but the impact is highly local. Energy-efficient or “green” buildings often see modest rent premiums (about 2–6%).

Tip: If an applicant is strong but new to the workforce, consider a co-signer or a higher security deposit if allowed by local law.