Chicago is a tenant favored city so make sure you read up about the CLTO http://www.cityofchicago.org/dam/city/depts/dcd/general/housing/RLTOEnglish.pdf I personally do not have any problems with it but have heard that Section 8 tenants know the system better and will report you for the little things (improper security deposit receipt) that will get them 3 times the security deposit.

The post-rental walkthrough is to show eligibility of returning their security deposit.

Lease Option/Assignments: Option Fee, Option Deposit, Option Consideration,Consideration fee, Assignment Fee, Lease Assignment, Option AssignmentI'd love it, If a few of the experts in the Bigger Pockets forums would provide some insight into these terms, that I have heard tossed around 'like the S.S.

I used Reliant because they didn't require much deposit (if any - can't rember) and were VERY convenient since they had a landlord program.

Scammer corresponds with prospective leasees by email, collects deposits and first months rent via online payment in return for keys in the mail.

According to the previous owner, he only has security deposits.

I have them make it payable to me directly, and if I already know the title is clear on the property I tell them that I am going to deposit it.I've seen some wholesalers that will ask for the entire assignment fee upfront as "earnest money".

I got one for 50k on a sig with Chase.. at Zero cost and I think rate is under 5%  I use it for EM deposits.

They are against me and I want to fire them and take over all the final paper work of the move-out and security deposit.

Have the tenants deposit directly into your account or use electronic payment methods i.e. erentpayment or something similar.