Consider 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.

We have been fortunate to rarely hold any security funds from former tenants.

It's a riskier loan given you do not carry a social security, no US credit & no experience.Due to increased risk comes mitigation (Lower LTV & Higher Rates)

Best approach is to have your "team" set, before going out to secure properties. 

He wanted me to paypal him 750 so that he would send the 20k needed to bridge the gap in the loan.The easiest way to spot a red flag is to start with going through a title company. hopefully you did nto give this person your social security number or other private information.

You need to make sure your tenant screening is very thorough and also your property security is top notch.

Since the BK must be disclosed in any securities offering, you would not be able to be a partner in a syndicator/sponsor type deal9.

I guess that's part of my question, if you could have the security deposit cover that and people's experiences so I could better prepare myself. 

Together with it, i have a mortgage free apartment that serves as financial security. 

I’ve been securing great deals for clients in the Hampton Rd area.