@Chris IrvinChris, you never get in title with a lease option, you control the property.The best way to get on title is sub2 or a wrap or a land contract, now your exit strategy may be a lease w option or a lease w ROFRSee my BP blog "Make money without banks or credit."

Donald,Net worth is the same as any net: Assets - Debts.I am guessing that you want to know if the person your are financing has a pot to do their business in.Have them fill out a form 1003 (online for free) and pull a credit report.

Credits for partial month rents and security deposits at closing?  

Recently, the university put their interest up as collateral for a $35m bank line of credit to expand the campus.

I guess I just foresee the worst situations and more want to be prepared if I do end up with a problem tenant.

If you have 20 units or 20 SFH you have 20 different due dates to remember, 20 times pulling out your credit card every single month. 

Until then they would continue to owe rent on the place and failure to pay will result in an eviction which will remain on their credit history for an extensive period of time.In the future it may be useful to include (if allowed in your state) an Early Termination Clause in your lease. 

Has anyone ever used a personal credit card for Seed Capital to use on construction for a flip? 

If you know of or have used any banks or credit unions that consider these terms, please let me know. 

If you're buying rentals, your LLC won't initially have business credit.