For all they know, you could take their deposit and not finish the renovation or half a** the remaining items.Lastly, you get the most views and inquiries when a unit first hits the market place.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

@Frank YgarzaMy personal preference is direct deposit.

We don't have a deposit to lose, but could be sued for 10%. 

You need few thousand dollars for your deposit/rent.

The return of half of the deposit will be made at Landlord's sole descretion, and Landlord reserves the right to consider any and all factors in making a decision to approve or deny the return of any Security Deposit amounts outside of the terms under Return of Deposit contained within the Lease Agreement.

Such as you can only apply with your bank that you have a deposit relationship with, not true.

@Lucas Laufenberg Automated clearing house (ACH Payments)... you can set this up with your financial institution... like how tenants pay their utilities through their online banking... when they add a payee instead of utilities or a cell phone bill they will search for your corporation and deposit money directly into your account monthly... 

starting out its done with cash or small partnerships with cash.bank would not touch you unless you have super strong deposit relationships etc.

Let me ask this to my wholesale veterans, If a seller is trying to move forward with another buyer when we already have a signed contract with me, and I have deposited my EMD.