Rental agreements, background checks etc. would be no less stringent than any other tenant who may be full-time employed (someone mentioned the risk of a student dropping out).  

(and of course jobs and stocks related also..)Stock Market and Silicon Valley RE PricesIt will be interesting to see if the recent pullback in stock prices has a measurable impact on home price appreciation when the Spring comes back around. 

Does anyone know if this violates any kind of renters rights to take away his security deposit as more of a punitive measure than a recovery of actual loss?  

They took some measurements, he was talking the talk and walking the walk so, lets give him a shot. 

The main principles being A. don't measure success or failure based on making money, base it on making the mathematically correct decision  B. know the numbers and probabilities, there's no such thing as certainty and C.  

TRY AGAIN:  GRM is PP/CSI or GSI * GRM = PP :sigh:If you're fractionalizing any of the numbers, you are estimating, not measuring.

Most other conventional outlets have stringent net worth/liquidity requirements for the sponsor, but that's not necessarily an issue on the CMBS side since cash flow is king.

The murmoring of doomsday predictors is on the uptick, if that's a measure you place value in.So, medical career in a boom/bust town.

There are a slew of them mentioned here on BP (ie. b2r, lima one) that have less stringent requirements than conventional financing.

Small banks are probably your best bet, but even they have stringent down payment requirements.