Others are also struggling to secure a carrier or are being forced to pay exorbitant premiums just to have their applications reviewed.

At the end of the lease term, it's a simple as printing that spreadsheet so it shows all itemized deductions from the security deposit.

Is the landlord required to return the full security deposit to tenants ( or partial security deposit with itemized list of what deductions were made) within 21 days? 

I wanted to see what other people were using to set up their security deposit accounts? 

syndication/private equity deals have a much better chance of penciling and providing decent CoC as there are more economies of scale and sophistication at the GP/operating group level in general.Thanks for reaching out Dan.

I was hoping for some idea to secure the Promissory Note but it seems that's not available.Thanks for your response. 

I don’t have any legal advice, but maybe some helpful perspective.When we return security deposits, we write the check to all tenants on the lease, such as “Tenant A or Tenant B”.

I submit on BP your for sure one  of the most sophisticated members when it comes to this space .

If they didn’t understand or realize that what they were investing in was not secured by real property, that’s probably because despite being ACCREDITED they’re NOT SOPHISTICATED.  

A detailed before-and-after P&L comparison would be useful here to show accuracy and weaknesses.I have a relatively sophisticated rehab spreadsheet I’ve been enhancing for years, and I know it’s reasonably accurate.