Cincinnati has recently implemented an alternative security deposit option for renter’s to pay.

You can require a security deposit.  

If their loan is denied, they can still get out and get their deposits back. 

There is no real whipping out of debt, someone loses that money.Banks don't print money they take interests, fees, and the money we deposit and recycle it into the system in loans; business loans, personal loans, student loans, credit card loans, car loans, and mortgages.If you wipe this out hypothetically who really loses the money not being paid? 

That contract governs the transaction.Generally, if the buyer did not perform and there's no extension in place to give them more time, they're in default and their deposits are at risk. 

Typical due diligence jargon for multifamily properties includes: - T-12 (Trailing 12 months) Includes the last 12 months of operating expenses & typically any renovations they’ve done to the property - Rent Roll includes all current tenants, lease renewal dates, vacant units, rent owed for each unit, rent collected or not, security deposit info, etc. - OM (Offering Memorandum) The broker will have the OM only if the property is on the market.

But I believe the recent step by the governor to allow any and all tenants to utilize their security deposit is going to push this down the road for a month and will compound the amount of cases before the courts when they re-open.

You will likely never see this money and spending more time and money will be a waste of your resources.Hope you have a sizable deposit.I have been charging a large deposit or first, last and deposit.

Should I be asking for tenant's security deposit to cover some of these items? 

The tenant who we have evicted had a 2,000 dollar security deposit that we currently still haveBy Oregon law we have to give this deposit back in 30 days.