The Governor just (5/7/2020, 12pm EST) that moratorium is extended through August, no late fees, and security deposit can be applied to rent and paid back "over time".

Through Owner financing I may keep the down payment + the interest One advantage to lease option is if the tenant stops paying, you evict them and they sacrifice their non refundable deposit. 

I plan to collect rent, & the deposit through Cozy.co & also require renter's insurance. 6) Do I (in my case my pm) do the handing of the keys walk-through with the tenent & document everything along with them? 

Water system development fee $2032.00 & refundable deposit $200.00 ,$3700 sewer system development fee.  

This option is risky for two main reasons 1) Some banks flag large deposits if they reflect on your bank statements.

Of course during those time you will have deposits and possible extensions (something for your attorney to work out)6)It is all case by case, best to find out what is needed is to talk to the local city, some want the moon, others just a plat and site plan.7)We always create a LLC to purchase the property, keeps some secrecy but is more for legal reasons.8)very subjective questions, all depends on what you want to see and what your investors want. 

We have a contract with a licensed contractor and he owes us approximately $10k back from our initial deposit of $28k. 

Know what the cost are and get that in a deposit.3) Don't become involved with the tenants life, this is business.I suggest on your first outing you look at renting out camper / travel trailer spots. 

Put up a $20,000 non-refundable earnest deposit.

In many markets, that has become "a security deposit equal to a month's rent" or even just some type of security deposit insurance program - largely to stay competitive, attract tenants, and reduce vacancy.