I'm a full time student at UTD and I've decided to try my hand at wholesaling here in Dallas.

In the interest of prevention, is there anything about the tenants or type of tenants that could have clued you into this risk.Class D tenants & students are higher risk for these kinds of damages.

hey Bp community, I'm a full time student and worker with a little debt and a little cash.

There have been rumors that the state college in town (around 3000 students) is in trouble and could go bankrupt.  

Currently, I am a student that is using the GI Bill from my time in the military to pay my for school and living expenses.

If there is a surplus in the account - tenant has paid in more than they have consumed - we offer the choice of a) leaving the funds in the account in anticipation of larger bills (i.e. winter is coming); b) applying the surplus toward the next month's rent; or c) {at the end of the lease only} refunding the surplus to the tenant.If there is a deficit - the tenant's resource consumption exceeded their contributions into the fund - the tenant is invoiced and has until the first of the next month to pay the outstanding balance.Originally we started this offering with our student houses, as I refused to rent with utilities included.  

You might consider Niche or Specialized Housing like student housing.

Like most college students, I've got close to zip in the bank, but I am not discouraged.

After several months of working with a borrower seeking a multifamily property we find a great $5.2M student housing acquisition.

Find them through Google and meetup.comYou might consider Niche or Specialized Housing like student housing.