You would direct deposit your income into the Heloc and use it as a normal checking account to pay Heloc down, bills, etc.

You could deny them, which removes the risk, or you can accept them with a higher deposit which helps mitigate the risk.

I have their Security Deposit still (equivalent to 1 month's rent) and they have completely moved out of the unit as of 3/31.

I will be getting my section 8 direct deposits like clock work.Crisis has not affected my Section 8 properties one bit.

What some of my friends have done in the past was take pictures and list the properties for rent before to gain interest and have showings on the day of closing so they got first month's rent and security deposit the same day they closed.  

(In other words, I'm not asking to be paid for transactions where I don't do any work and in which there is no realtor involved.)The thinking behind this arrangement is that a $500 deposit that is refunded after the first purchase is a reasonable way to identify who is truly motivated to make an investment-related purchase in the next year.

I will as always make sure they can pay the rent.I know my section 8 properties will direct deposit on the 8th same as always.

https://www.livabl.com/2020/03...Hundreds of deposits in jeopardy.. 

-How should I handle security deposits and rents?

He explained that they have money from savings and can make a security deposit.