But, there's some practical challenges that so far has made that unattractive to me (I've issued notes to investor partners instead).

in the college town I deal in, the college apartment competitors will give you clue to what the leasing practices are.

Both of those things typically cost much less than just 1 months worth of rent.At the very least I think it should be standard practice to give a judgment to the property owner if it is found that someone tied up their property.

hmm; "this note is legal tender for all debts, public and private" so refusing would appear to me that a legal challenge could be made.As I am not readily accessible to my property, cash is not practical, but when signing the lease, I do take it. 

Standard practice as far i know in NJ is a month and a half deposit.

I guess, I find it interesting, that the idea seems to be rooted in how bad of a debt manager the person who file BK might be and then the idea to wait out another 5 to 7 years is actually the greater chance of that debt management practice to be right where they were prior to filing a BK.

The fact of the matter is unless you practice state RE law no matter how much you read these forums, listen to people that do not practice it that are not current, you have very limited info that’s more than likely inaccurate.

I am open to practically anything, even if it is non real-estate related...so that's all I was trying to explain.

However, the lawyer will have the best legal practices in mind for your local situation, including compensating the tenant for inconvenience, relocation costs, or whatever.

Anyone put this into practice?