All rental income should be deposited into this account, and all expenses related to the rental property should be paid from it.Accounting Practices: Maintain separate books for my personal finances and the LLC’s finances.

So, he will reap the benefit of the reduction in P&I on the loan over time.If he is unable to obtain financing in one year, it would revert to a six month lease and he would be required to pay a damage deposit at that time.I am calling this an "Agreement of Intent to Purchase Residential Property" and not a Lease / Purchase Agreement.

Start depositing all income into one bank account, a bank statement loan may work for you.

I read the motions, the replies, the discoveries, the depositions, the briefs and the rulings then the appeals and on and on.

It's stuck in a Catch 22 endless loop.

I tried to give my old GC a chance because I did not want to increase budget and don't have the funds for another deposit, but I feel stuck and just need to move forward asap!    

You'll find more people on regular long-term rental sites than you would on anything designed for MTR, which is not even a term people are familiar with.If you are renting longer than 30 days, you should screen, collect a security deposit, use a written lease agreement, and follow the landlord-tenant laws for long-term rentals.

6) Hold security deposit complaint with your state laws?

@Jeff Daring in the standard contracts we use, specific lender is stated in the contract, so a denial from that lender would likely be all you need to exit with your deposit back unless you did something to sabotage the loan.

To get the additional 2 months rent plus also any damages that exceed the security deposit since you won't know what damage there is until they leave you may need to sue a 2nd time.