When you deduct debt service “mortgage/loan” from the NOI it = cash flow..

Maybe the standard MD  PSA has a similar addendum available?

The LLC properties are outside of IRA's, so if I am not tied entirely to them I could put $1M of them into a Charitable Trust with perhaps a 5% withdrawal and use the IRS rules for deduction moving assets into a Trust in the first 6 years to convert the IRA rentals to Roth IRA rentals. 

They rehab the property to excellent standards - probably offer a warranty on their work.3. 

I don’t know about the specific property you are talking about, but my guess would be someone is using a HUD financing product that comes with a restriction that they have to rent to people below a certain standard compared to the median in their market.

It's a basic industry standard to do so. 

I would think that a person that meets a high standard would not have a problem coming up with security deposits.

The rents in your standard C-B class rental neighborhoods in Cleveland have not really moved too much from the days of the crash to where we are at today.

As such the credit score would standardize that and give you a score to help lenders, banks, etc (investors) to make quick determination whether to lend you money or not.

I had my attorney write the purchase contract and he just threw in a line about borrower recognizing underlying debt on a standard promulgated form.