I normally ask for a security deposit equal to one month's rent, 1.5x is the max allowed by law where I am and I would increase the deposit to the max IF the prospective tenant had a score above 500 and was working to improve their score and the rest of their history looked ok.Given the current environment with COVID -19, they may be very willing to help you out just to get a paying tenant into a vacant rental.Hope that helps,Kelly

I was able to do a cash out refi to keep 20% down (60k) and took the rest and paid off my wife's vehicle. 

@Dorys Prentice  What is her rationale for not paying rent for the rest of the year? 

If I can find a deal on a rental with a landlord that will appreciate the kind of tenant that I am (pay on time, willing to make small repairs) who is considering charging less than the rest in order to keep money coming in then Im in!

Fortunately the rest of my portfolio is managed by a management company that I wholly own, so my properties will get some payroll relief!

Thanks that works all day long as long as your happy with the rate and if you own it free and clear you don't need the rest of your cash today.talk to your tax man though as well. 

I want to install vinyl siding myself and use the rest for other repairs but now the title company is telling me I need to have a contractor. 

Also find out when she will be no longer living there, sometimes people build in some moving time prior to official move out date and you could negotiation something then even if its not a firm commitment on her part. 

Anything you do like that will officially require a permit and the building dept will quickly let you know what's allowed. 

Good chance if you find one or two of them then you can fill in the rest of your team with other rockstars.