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Updated almost 8 years ago, 12/08/2016
Security deposit up front only option?
We have a potential renter who is offering to pay 100 dollars more per month for the 1st six months until the security deposit is paid. She is currently staying in a extended stay for $250 per week. She said she found another property to move into but it was rented out from under her. Our property is a 1/1 but has a extra room that could be used as a bedroom. She has a 17 year old daughter that will be living with her. Also she has a couple kids in college. Is this a normal offer to let a renter pay the security deposit over the first 6 months instead of all up front? We were thinking about making it nonrefundable to allow her to do that. The property is in a C class neighborhood so it is not the best quality tenants interested in renting.