I ask because up until about two years ago I owned a coin laundry (under the same LLC) in which I actively participated in (personally staffed, maintained, cleaned, collected funds, etc.), but did not draw any wages. 

Don't offer to take it out of his deposit because he may fail to turn the unit over in good condition and then you've lost all leverage.Pay the termination fee and sign a written agreeementAfter he vacates, inspect for cleaning and repairsApply the deposit and/or refund, as necessary

I primarily want to verify identity and criminal history.Since I can't run an application on the company, I usually charge a higher deposit of double or triple the rent or I will ask them to pay first, last, and deposit.I also try to negotiate a cleaning fee and use my professional cleaner after vacating. 

It's the clean method, but it is also complicated and expensive.The practical method is what you had in mind: split it 3-way.

I get access to houses before making offers to wholesalers, because the ones I've dealt with will not accept an option period - the EMD is nonrefundable, with the only exception being clean title. 

I understand it’s difficult to sue an LLC, however due to multiple late payments, non payments and bouncing checks from issued by the companyover the past year I strongly believe the company was using rental funds collected from my property for other interests as they could not regularly pay me. 

It doesn't show real nice, lots of yard clean up, fix falling facia, new surrounds and fixutres in bathrooms new counter tops in kitchens and fresh paint my realtor/property manager thinks it'll will appraise close to $80k she sells a lot of small multis in the area from her owners.  

I'm checking out a tenant and he did an amazing job cleaning. 

We're looking for a recommendation for a realtor in the area who works regularly with investors.

We're looking for a recommendation for a realtor in the area who works regularly with investors.