@Chris SeveneyYesAllOf those things, just don’t forget to have receipts for everything you deduct from the security deposit.

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. 

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.

At least a bank that you have your relationship with and super strong deposits  and could probably hypothicate them and get a under 10% rate.. just musing..

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

The thing I like best is the interest is deposited in my  account every month.

I hope your PM kept the deposit and can use that towards the cost.

Unless you somehow manage to increase the ARV of the properties by like 50% each, within a month of purchase or something, and then instantly refinance and move on to the next one, which also appraises 50% higher than purchase almost instantaneously, allowing you to keep the refinance-out train chugging along, I just don't see how this pencils out.Can someone who has a better eye for these things spell this out for me? 

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

I thought about resubmitting with a small non-refundable deposit.