Financed by securing debt on a different asset in our portfolio where we could get the best terms given the rising rate environment.

Security deposits have been paid by the resident family half of the time and the relocation company half the time. 

If Borrower wishes to exercise this option to extend, Borrower shall notify Lender of Borrower's intent to extend in writing prior to the Maturity Date.Security for Payment: This note is secured by n deed of trust of even date from Borrower to Doc Prep 911, Trustee, both of which cover the following real property: Lots xxxx, City of xxxx, according to the map or plat recorded in xxxx, Map Records, xxxx, Texas.

Yeah if you choose more security over less work, then having multiple accounts seems to be the way to go. 

Financed by securing debt on a different asset in our portfolio where we could get the best terms given the rising rate environment.

Negotiations focused on highlighting the quick closing capabilities of Partner Driven, securing a competitive price of $605,000 and ensuring the deal’s success despite the highly competitive market.

He is correct that you NEVER take the security for last month's rent for that exact reason.

Well said, Desiree.Gator lending is secured by contracts that say that if the buyer doesn’t come through, then the gator gets the EMD back. 

While this approach ensures more reliable tenants, it also limits the pool of prospective renters, making it challenging for individuals with less conventional financial profiles to secure housing.Given these challenges, I have decided to exit the Ontario rental market.

If you’re concerned about the cash income, you could consider additional safeguards, like a higher security deposit or using a guarantor.