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So you’re stuck with a problem. if you have a good real estate agent that wants to help you, that person will request proof of payment ie bank records showing the tenants pay regularly … but I’m no expert. 

From that perspective, the glass is half full and we should be looking for opportunities. 

Lastly, set up your property as tenant proof as possible.  

You should have proof you tried to return the deposit via certified mail. 

I am thinking that providing section 8 housing may be a more affordable and recession proof way to get started in real estate for rental income.

You may need to bite the bullet the next few months until the lease is up.

I'd also get proof of their insurance and say it must be active for the duration of their lease...and write rental insurance as part of the lease, so if they cancel it, you can get rid of them.

Since this is a DSCR loan and I already provided account statements with proof of funds and my mortgage statement for the principal residence, I didn't expect much more would be required.

Here are a few bullets on this topic: 1.