I would just word it that they need to provide Julys rent plus prorated Junes rent as well as a non refundable deposit at the time of signing that will transfer to deposit upon tenancy.  

-I considered opening up an LLC and transferring the title for my current SFH into it prior to renting it out; but after speaking to my lender it's thought that there is no real financial benefit with doing this, and I personally would still fall liable for the mortgage, as well as legally liable.

Investment Info:

Single-family residence buy & hold investment in Chattanooga.

Purchase price: $160,000

Cash invested: $70,000

Successfully bought and renovated a single family home in booming Ea...

For more details, this will all be done under my LLC and without getting into the weeds of why I chose to go the LLC route, it is my understanding most mobile payment systems do not allow consumer to business transfers. 

@Lynnette E. you are so right in this and i found out the hard way.

It's intimidating at first, but if you have a good process in place for SFH, then the same skills are largely transferable. 

Originally they said they would prepare the documents and assist with the transfer. 

Transferable?

We are planning on using the house hacking strategy and transferring into a more BRRRR method to speed things up once we gain experience.

You can e-subscribe to receive email notices on the progress of the bill from the state site.Thanks all!