Renter's Insurance is a cheap date for the tenant; it protects their security deposit and assets. 

Or if you prefer one deposit account bam!

Deposit rent into checking account, transfer excess funds into brokerage account, make money. 

They are even working on getting me the evicted tenant's security deposit, the missing JANUARY rent since the place is still empty, and covering the cost of my own manager re-listing the property.

I’ve never had a problem with a lender when I showed them the deposit that was made into that account.

If these are new cash buyers you’ve never worked with before, or you are using someone else’s list, then you need to include a NON-REFUNDABLE Earnest Money Deposit in your assignment contract.

This includes preparing the property for renters, pricing it right, marketing, application screening, collecting rent, dealing with unpaid rent and other lease violations, security deposit disposition, inspections, and so much more.

I do not recommend paying any upfront fees, unless it's with a large bank that typically requires a good faith deposit on larger transactions.

Think of 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.

No free weeks, no reduced deposit, etc.