Here's an article that explains the law: https://www.payrent.com/articles/wisconsin-security-deposit-...The max you can charge is equal to one month of rent.

Child support and alimony we generally don't consider, social security and disability we do. 620 credit score for all applicants, we will conditionally approve people slightly low on a case by case basis with increased security depositAs a general rule, an applicant that has been convicted of a 1st Degree, 2nd Degree, Life, or Capital Felony, or any crime involving the sale or possession of controlled substances, within 10 years preceding the date of application within the last 10 years will be denied.

2) I am trying to minimize expenses and explore the possibility of securing a construction loan.

Personally, I think the taxes are high and the services you get for your taxes low there.I know people that invest in Detroit but you must know the area down to the street and have excellent property management.However, I just talked to my CPA today about a referral he was sending me who is a client of his that has 30 rental properties in Detroit and selling them all because the City doesn't really help, charges for everything, and they never have given a security deposit back to a tenant after they stayed because of their behavior or lack of payment.

The site and TownPlace Suites by Marriott flag have already been secured.

You can utilize flexible investor loan programs to help secure property. 

SinceI possess a social security number, and I am wondering if it is possible to open a new account remotely and online. 

Depending on the state of those facilities it could make sense to secure a renter before renovating so that you build the area out for the long term renter. 

A HELOC is secured against (in this case) the primary and can be utilized for either a proportion of the down payment or (if you have enough equity) the entire purchase price. 

Regular inspections for any signs of wear, cracks, or water damage are advisable to maintain the facade's integrity.Parking and Access: The covered parking area is a significant advantage for tenants, but ensures the area is well-lit and secure to prevent any potential safety issues.Interior Features:Layout: The open floor plan with large windows ensures ample natural light, which is appealing to tenants.