In order to get the BLOC funds deposited for me to access they require me to send $10k for fees to an escrow account. 

(We switched to commercial financing when we ran out of loan slots with Fannie Mae.)  

Cash to invest (enough for deposits, skin in the game lenders want you to have, closing costs, carrying costs, and to kick off rehab work).2.) 

Yes, I’m using TheGuarantors platform for long term and Waivo for midterm and short term tenants instead of a traditional deposit. 

However, I have apparently missed the deadline to submit a deposit and I'm kicking myself pretty hard right now haha.Anyways, I'm curious if anyone out there is already registered for the Wayne County Auctions.

@Danny RandolphYeah, I’m currently in the construction field and we usually get a 20-40% deposit, then get draws after certain stages/inspections have been passed

Personally, I would keep the deposit out of the conversation.

Your property listing can also be a great way to lay out qualifying criteria (i.e credit score minimum, and require a co-signer if lower).After conducting due diligence into a particular tenants situation, and you decided to proceed with an application approval, you could require a higher security deposit. 

I do two things: 1) I put specific language in my lease agreements that I need 30-days notice for early termination and 2) I also put language in the agreement that the security deposit can be kept if the renter terminates early.

I "signed up" for the class just to see the entire process, but I delayed my deposit and any other funds for a few days to figure out all of their angles.I picked up on a few things myself:1) The Fortune 500 cover and article that our mentor "Jason" mentioned on Day 1 was to establish his credibility.