Vickie,Here is a blog that wrote on deductions from security deposits, but always a good idea to read over your States landlord tenant laws;Security Deposits VS Normal Wear and TearThis is probably one of the hardest things to determine and explain.

I’ll start with your method of analyzing deals.

However, that would mean he would forfeit his security deposit.

I also suggest having them help you craft an a straight option agreement as well.Make sure it's clear you have no intention to buy the property but you are selling contracts as a business, and doing this without a real estate license, you're now selling securities without a securities license as well.

In the past I have sent rental contracts to a potential renter who was stationed in Korea, did a walk through of the property via FB messenger video chat, ran background checks with TransUnions Smart move, collected security deposit via PayPal and emailed the tenant the code to the lock box that had the key.

I have 10,000 saved from off the book jobs doin security.

I was doin security and party promotion b4 this.

We will be relocating to our new primary in about 2 months.We are installing a security camera system for the property. 

You just came through a messy divorce situation, so don't jump into a bigger mess by taking on the risks and responsibilities of owning real estate until you're on a better, more secure financial foundation. 

Or he employs me to do some consulting work for him, and secures the amount due with the house?