They will also need an executed lease - meaning a lease that is signed by all parties and the security deposit in your account. 

There is HOA of $640, but includes water, sewer, trash, gated, and 24 security who drives around on golf carts.This one I manage and do not have property manager.

Now...I'm talking with different securities attorneys to learn various aspects of operation my own fund.Being on this site and not putting in the footwork will get you nowhere.

@Julie Marquez yes it does come out of the security deposit.

The security deposit isnt split in halves .

FHLB 5 year rate is 3.08+2.25 spread (YMMV but it will be similar method of computing rate) so at least 5.4% I'd bake in 6 to be safe as these can take a while to close.loan fees--call it 12KClosing costs will be a lot more than 3K--you need an appraisal at least at 1500 and maybe more, you will need the partnership agreement drafted (welcome to lawyer land!)

Hey guys - I will be signing new tenants for my newly-renovated property and I am wondering if anyone has any AWESOME rent receipts, or methods for proof of payment for a Ledger that I can document?

I'm open to any guidance.I have no idea to secure funds if I have to put some skin in the deal, hopefully, since its, some kind of grant it won't require any money down.

What type of security deposits/pets/pet fees?

They routinely chase documents in the final hour instead of upfront and fail to secure the proper paperwork on time.