This protects you if the tenant tries to tell you that he prepaid rent for the next 6 months or he had a huge deposit on file.

There is no need to pay for gas and pay it off... it's mostly myths that people have come up with over time.If you have a zero score it's because you do not have any credit or the credit that you do have is less than 6 months old... more likely is less than 90 days old.Now, if your intent is to get approved for a mortgage and all you have is one prepaid credit card you are not putting yourself in the best position to secure a loan approval.I usually recommend 5 Tradlines or 5 separate accounts reporting to your credit.The best place to start, even before starting to get credit cards, is by going on the app store on your phone and searching "Build Credit" .

The 12 months of prepaid rent has nothing to do with your screening/leasing policy.

Yes I prepaid, but would Title give me credit for the three days that I didn’t have the money?

With either loan type, you'll pay title fees, escrows and prepaids (covering your homeowner's insurance and property taxes).

Legislate pre-paid annual policies only?

Mine are 5% of loan balance if prepaid within 1 year, 3% within 2 years, 1% within 3 years. 

In NYC and Houston, we haven't had much success with securing prepaid bookings from insurance companies. 

Quote from @April September: I don't drink coffee( never have ) and you suffer from mental illness ,called COGNITIVE DISSONANCE.My post was for the smart people who care about the truth.Enjoy your slavery and your stupidity and don't forget to pay your taxes, mortgage that you never had, " your" car registration and your prepaid utility bills.And of course, don't forget your vaccines. 

The closing costs would be 19k with 5k in prepaids, with 14k in closing costs including broker fees.