This is something many hosts overlook when evaluating their options​Let me know if this helps clarify, or if you want to dive into other management solutions!

Our solution, after much frustration- We worked it through the alderman's office.

Hopefully you are able to find a solution to get this deal finished with a net positive result.

Doubling up on deposits or requiring larger deposits might weed out some of the riskier tenants upfront, though it's not always a foolproof solution, especially in markets where affordable housing is tight.Regarding your point about double security deposits, you're absolutely right-this can be an effective strategy.

However, if you're looking for a fully managed solution I would recommend bench.coWe actually use both.

I am not sure how to get around interest, but there is always a solution that could work.

I am happy to share that I recently came across a solution called Property Llama that is a huge step forward for folks like us..

If you have maturing debt on the property or need to deploy this cash elsewhere, I would try and see it through with your current lender & work toward a solution.

For example, if you use Hospitable, you'll need another solution for background checks, lease signing, and monthly rent collection.

I'm exploring different funding solutions to understand how others manage these situations.