Photos and anything else that would help me win the case.I would recommend you do the same and I told the tenant if they do not cause damage to the property or appeal once I won then they could get the full security deposit back.Hope it goes well!

Also we are thinking about implementing a security deposit, does anybody do this. 

The typical wholesaler is cash/hard money only, non refundable deposit, no inspection period and you pay both sides closing costs.

Then how do you know if he has the money to pay the deposit and rent if you don't look at the bank accounts?

Title issues, seller issues, non-refundable deposits, no inspection period, lending issues, appraisal issues, liens, IRS liens, city liens, no wills, unpaid back taxes, solar liens, and all kinds of other crazy stuff.   

If you have a low credit score (or in this case no credit score) there are fees or an increase in the security deposit. 

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

I just received a digital copy after we received the deposit and first month’s rent. 

Current negotiation from LL Commercial lease Monthly Rent $6000 Security Deposit will be $7000 (based on last month rent of the lease term)Six Month Build Out Period - June 1 to Dec 31, 2024 Lease to start January 1, 2025. 5 year term During the build out period the tenant would pay $3000 per month rent (June 1 to December 31, 2024)The balance of $18,000 from the build out period would be paid back over 12 months at $1500 per month on a separate agreement.

I left that money in HYSA,  deposited it in  retirement accounts or brokerage accounts (mostly stocks, index funds, a few REITs)