no bank would touch that with a 10 meter cattle prod unless you had SUBSTANTIAL deposit relationships in the mid six figures to 7 figures and you froze up the amount you wanted to borrow.

I only charged 1/2 of the rent for a security deposit and waived the pet fee.  

I think NC is one of the few that negotiate due diligence money to seller in addition to earnest money deposit. 

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

And I have blocked or kept this unit because of security deposit since middle of Feb.

@Jonathan Ghione S8 tenants are getting more and more "spoiled" in our area - Metro Detroit.Too many newbies and Turnkey companies are waiving application fees and security deposits, also giving them recently rehabbed, really nice homes.Then they trash them.Have you stopped and thought about WHY someone qualifies for a S8 voucher?

Obviously water damage has more cost to fix than the plumber, but if we are withholding deposit funds for it we need to figure out quick what we can keep to cover this.

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.

They have very specific requirements of how much revenue they want to see on a monthly basis as well as the frequency of the deposits.

When other banks make is easy/seamless to open virtual accounts, create virtual debit cards, and pay a reasonable interest rate on deposits, I will consider them.