@Jason Luongo Jason - I applaud your willingness to think bigger and I don't want to dampen that spirit however when borrowing that amount of money your debit obligations pretty much wipe out any hope of cashflowing.

Maybe open up a debit or savings account or if you're able refinance a current property with them to start the relationship.

I know this post is a year old but I was searching for topics related to prepaid rent because I'm considering it in Texas as well.

@Jay Hurst Non-Recourse loans still require a personal guarantee but do not affect DTI because it's not considered personal debit.

if so - best thing to do is to ask  seller to provide a  credit / aka  concession  that you can use to pay costs / fees/ prepaids 

If you then perform a cash-out refinance at 80%, you can get around $96k cash out, minus closing costs and pre-paid expenses.

Some repayments are done through payroll deductions (biweekly, monthly, whatever your pay schedule is), but many are now done as direct debits from your own checking or savings accounts, not through payroll.

My experience with rentals while in university realized that students always prefer convenience and disposable income is no issue without having to worry about rental payment issues they all prepaid..

We live and are looking in OregonThere's going to be a lot of variables here especially with property tax numbers and pre paids.

Debit card?