This can be a bone of contention when it comes down to it as unfortunately, in your circumstance, I would argue as the listing agent for my seller to keep all of the EM because you did not perform to the TPF addendum as you were not able to secure financing because of failure to successfully obtain Buyer Approval.

Security for you, and he can't just sell it to someone else down the road.

I am looking to secure a line of credit on my investment property.

We are dealing with a property now that the tenant failed to meet that standard and we are assessing a fee from the security deposit to cover the expense.

(Variable rate 14% is the cap.) with only my wife’s income (115k, and social security we get for my stepdaughter, 788 a month) the only option my credit union would be able to do is 84k loan.

The article was published by The Washington Post and it highlights three important investor qualities which I summarized as thick skin, strong stomach, and knowledge.  1.Thick Skin: Beginning a real estate investing career will come with some stress and challenges that include securing reputable general contractors.

I'm trying to get together an Itemized Security Deposit Deduction Form and then maybe take them to small claims court for unpaid rent.

But I’m not entirely sure, it’s been sitting for a while  If it was me and the house would cash flow as a rental I would endeavor to secure the property thru creative mean and make the underlining payments on the loan.

As far as how you handle last months rent if she pays until re-rent Month 1, month 2 then you return last months rent because Month 2 is the last month and the security deposit minus deductions. 

You can hire a security guard, use fencing/gates with camera's and alarms or just not invest in neighborhoods that bad I guess.