I really don't trust 90% of them to locate Texas on a map.Your strategy would work very well for rational depositors, but during a panic the FDIC insurance servers a major role in maintaining financial stability IMO.

As a landlord is there any room to discuss the condition of the house and pro-ration of the deposit?

Please let me know your rationals and reason behind them. thanks

They are not backed by our idiotic GSEs and thus the money has to be priced rationally.

For the difficult short sale properties when... and a MUST... with proper ethical principles that are followed by all involved and appropriate disclosures are provided.For no rational reason (it's the government right) Freddie Mac apparently doesnt want this kind of assistance to help clear its non-performing assets.

Hopefully I am wrong.I know she said they were on water rationing restrictions and have been for some time.She also stated cities in Texas were growing like gangbusters.I believe 5 of the top 10 cities slated for growth are in Texas.If there are water restrictions sometimes a temporary moratorium bill will be passed restricting new development.Also if the sewer system is running at or close to full capacity that can become an issue as well.We are not having these issue now but did have them about 2 years ago when we had a drought here in my area.

If you believe in economic cycles, these opportunities may not last once confidence gets back to "normal", people "see" the cost of ownership value proposition, and acquisition money drives prices back to rational market levels.

Not only does it make the media outlets and fear mongers more money, but also it turns normally rational people into sheep.  

Rationalization is expensive.Sometimes the best deal you make...is the one you don't.

I think for coapplicant 1 you would need a cosigner because of a high Rent to Income ration, and for coapplicant 2 b/c of previous collections.Just my .02 and depends on your  rental market, too.