If a buyer is coming down with a high-down payment and quickly making a large deposit into escrow fighting tooth and nail about proof of funds may be a red herring.Credibility is also a factor here.

If he doesn’t you use the security deposit. 

An ideal bank would  allows one to set aside tenant's deposit money in a separate account that earn decent interest and is landlord friendly.

As I understand, landlords there cannot charge application fees, security deposits and evictions are VERY challenging.Have communicated with several PMCs and investors in Ohio market and not aware of any real differences from Michigan. 

I also recommend including some move-out instructions for cleaning, how to turn in keys, when they will get the deposit back, etc. 

The defaults start jumping up once you get under 600.https://askwonder.com/research/credit-scores-correlation-loa...If you do decide to take a lower credit score, make sure they are providing a larger deposit.

It comes out that they made adjustments on October 4th, to a few proeprty ledgers  18 months prior (april 2023).Also they  are trying to claim their 10% fee from the security deposits they are holding for me.They’re now claiming I owe them money that wasn’t owed, it’s only showing as owed beciase of the ledger adjustment referred to earlier.This reeks of fraud to me.

We have $2100 security deposit, however she also skipped out on her last month’s rent and PM did nothing.

Either bank statements showing deposits or Friend of Court printout. 3) Since actual payments may vary, they need to averaged over the 3-6 months verified.Legally, you cannot ask an applicant specifically about child support income, they can only volunteer it.

Which is why there is more investment in real estate and bank deposits  in the “western world” (which includes.