I'll reach out to the lawyer in the meantime, but I suspect if they refuse to pay it, it'll have to come out of their security deposits when they move out?

At a bare minimum, I would require a written lease agreement and a standard security deposit equal to an entire month of rent.

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.

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

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]. 

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

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.

If he doesn’t you use the security deposit. 

Most seem to want a showing (i am currently making a quick google sheet with available time slots on a Sat morning for my dad to show).