Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Go to your bank and ask for instructions for your tenant to set up direct deposit into your account.

I understand that the law in CA limiting landlords to a max of one month's deposit went into effect on July 1.

Hi all,I have an ex-tenant that owes back rent and damages after they left that the security deposit doesn't cover.I read some forums here and am getting some mixed signals on the process of collecting debt.The way I read it is you can just go to a debt agency with in my case the signed lease and also the security deposit transmittal showing what's owed and the collections agency can legally take it from there.

These were farms, land with timber harvesting, land with some mineral deposits.

Obviously you don’t want a vacancy over $40, especially with a $2,000 security deposit. 

My tenant will be transferring security deposit into my business account.

Chicken and the egg.A non-refundable earnest money deposit, or option purchase, might help you get it under contract.

Once I plan to offer the unit, I offer it contingent on successful background check: In addition to the basic applicant approved transunion smart move through buildium which I pay for, when smart move stopped providing criminal background data, I  added a $49 tenant paid service through rentprep for nationwide criminal and eviction, bank account deposit verification, and employment verification.

Which would also help me recoup some extra to add to their security deposit, since prior landlord only charged 1/2 month rent for security deposit.