I don't care about the "two rules" - they are just my benchmark.After an endless number of messages and misunderstanding of your main point, I'd appreciate you sharing your thoughts and mindset.

They already have 1.5 months rent as security deposit. 

Asking specifically when it comes to situations where tenants would rather have options similar to deposit cash or check at some bank.

It always helps if you have your deposits at the bank you are trying to get a loan from.

You must properly treat the LLC / Rental like a business.Rents get deposited into the LLC Account.Expenses get paid out of the LLC Account.You can make contributions / distributions to / from the LLC Account.Try not to receive rents or pay for expenses directly from your personal account.Best of luck

If you can find one, the options are endless.

Regarding the $795 "deposit"... it's now $895, it went up "just last week", but i get a sense that, as @Dev Horn stated, it's more to keep the yahoo's at bay.

I got a pre-approval and sent in 7k as a due diligence deposit (before I learned to NEVER do that).

I'll be making two changes on future leases as a result of this - increasing security deposits; and making rent due by the 1st (current grace period is through the 5th).http://lawfilesext.leg.wa.gov/biennium/2019-20/Pdf...

Would be really grateful for guidance and thoughts on how to be productive between picking up and depositing rents.