If you find this is the case with a property you’re evaluating I would run away not walk as this can be a huge problem for future cash flow.

The knowledge you gain from it will enable you to grow 10X in the future.

Your goals seem to balance future personal use with investment potential.

Could I reach out if I have any questions in the future?

Hopefully future people will see this and avoid any RISK situation like this!

I might have to look at section 8 investments in the future.   

I hope in the near future I am able to add value to this community as well. 

If the security deposit is not going to cover the the water bill or damages, try to scare him into covering the balance by hinting at sending him to collections and it will appear on any future credit pulls he may have done.

Have the tenant pay for repairs and maintenance with future rent increases by using a line of credit.

Just think of how this will affect DTI and ability to buy in the future.