@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

Some allow cash, most require the 10% deposit to be paid with a certified check made out to the referee but there is no verification of funds.

Once approved, how fast does your policy dictate that they have to give you a deposit? 

Cash flow is the amount left over that you deposit into your real estate-only account. 

@Alex ThomsenThe standard NC contract (2-T) has two different deposit options.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

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.

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. 

*Tenant payments via ACH not deposited into a Baselane Banking account will incur a $2 fee.

I think using a deposit model where they can get some those prepaid rate back upon closing is a good way to induce commitment.