Was it indeed just locked, or did the latch mechanism fail, which often happens with bedroom sets that have plastic components in that mechanism; or did the screws that secure the latch into the door come loose, allowing the latch and/or the screws to prevent the door from opening...also not an uncommon event.

We buy at a discount and pledge our legal right to collect the debt (a collateral assignment agreement) as the collateral for the private capital loan we take out, which is backed by the value of the real estate securing the 1st loan.  

I would check this out with a seasoned securities attorney for their opinion/guidance.  

Most lawsuits against landlords involve wrongful eviction, security deposit disputes, and Fair Housing Violations.

With the future being so uncertain I realized there was a need to do more than just rely on my job for financial security. 

Loan Security: The property will serve as collateral for the seller-financed loan.

@Chris Seveney @Nathan Gesner The owners offered to cancel their lease and return their security deposit in full.

Yes, very interested in investing and would love to own a few multi family properties, here in state.My immediate goal , so far, is finding investors to secure my proposed properties.What's your strategies?

Our lease contains a clause stating the security deposit cannot be used for the last month's rent. 3.

Separate accounts per property incurs a lot of overhead, such as minimum balances or fees for missing the minimum.I use separate accounts for each tenant's security deposits.