The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

I would expect to be getting their $1k deposit at closing to offset damages which leaves $5k.

I did have an interesting conversation with their "director of education" who spends an hour to see if potential students have what it takes to qualify for their limited number of coaching slots...in less than a half hour he decided I wasnt a good fit for their program, and hung up on me :-) My non proprietary "secret" is; think about who the buyer is, figure out what they want and give it to them.

All legal rights pursuant to the Rental Agreement, including return of any Damage or Security Deposit(s) are assigned to the Incoming Resident and remaining residents.

Opened another checking/credit card for just real estate expenses, and deposit tenant and our portion of payments into that account.

hopefully you still have their deposit to offset some of the costs. 

He had collected a $5000 deposit from them, and also was collecting more from them on a monthly basis that what we had originally been renting it for and pocketing the difference.

Since they’ve already already signed the lease and put the deposit down, is there really any reason or benefit of meeting them in person at this point?

one does not have to risk EM and or big deposit until they get to do a HOme insprection and CO has been issued.. is that correct..

I have considered partnering with him on maybe ONE home but haven't took the scary plunge, I say one and only one because I might could see it worth it to see his methods and locations of purchasing with him, I have a hard time seeing it being worth it to invest multiple deposits for only half the profit.