Yes, you have a deposit, but it may not be enough.2.

Ideally, you'll want to see average 90% occupancy across the board, otherwise you'll be relegated to regional bank and credit union lenders that require (i) recourse, (ii) deposit requirements at close, (iii) slightly higher rates, (iv) lower amortization, and (v) less interest only [if cash flow is a priority for you]. 

Good chance they don't pay the owed amount, but you can probably also count it against their deposit and then send the balance to collections if they refuse to pay. 

---DSRC loans avoid this issue.4) Can't represent your LLC in court---You'll need to hire an attorney for evictions, Security deposit disputes, etc.If you need a business bank account, you can open one with a DBA, which you can get at the county.

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

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.

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

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

If everything else checks out we ask for an extra deposit or advanced rent.