Regardless you want to see proof of deposits of that payment.

I had the deposit check filled out before he finished talking.Financed it conventionally (only deal I ever did that way).

Still very early but have gotten direct deposit distributions after closing in time.

I recommend setting up an escrow account or a direct deposit account with the seller so the money gets deposited directly so it's truly passive income.

Some of you may have been fearless or fearful on your first attempt at buying through the court auction.i made a deposit and I am prepared to spend up to 30k ,and then pay off the past due delinquent taxes.

Or, you can allow the tenant to stay until their lease is up and possibly deduct the pet fee from their security deposit. 

Idaho -is supposed to be fairly landlord friendly as well- there was a little talk in October about a plan to set up security deposits in a State Bank, in the tenants' names, but beyond that I think unless it's outlined in the lease you can raise rent as needed (# of times), pretty streamlined eviction process etc.Washington -I think Washington State is more landlord friendly as well- maybe bigger city exception like Seattle- I don't think Spokane though.

In 30 years as a landlord I have had 3 evictions. 1. was when I used a rental company in a soft market and they never collected the deposit from the renter before she moved in and it went down hill after that. 2.

I'm confident on my abilities but if something happens and my loan is not approved..... can they really take the initial deposit if they have other back up offers

So if it was just a small deposit I dont know if I would have fought it.. but it was 50k and it was a project we were going to develop not just live in or make a marginal profit on a fix and flip  ( but it would take a lot of work on our side for land use etc to create the big equity upside).. that all said I sued her we left  in Escrow the entire purchase price for a little over 2.5 years and finally got a court order that required her to sign.