narrpr.com if your a real estate agent  (appears you may be?)

Each persons responsibility isn't all there is to it, it's very important to have mapped out the consequences when someone doesn't hold up to there end of the bargin either partially or completely.My advice if partnering with a friend and you value the friendship make sure the partnership appears fair to both sides and they agree too. 

@Lumi Ispas I don't understand because the RLTO in context reads:"the LANDLORD may deduct from such security deposit or interest due thereon for the following: (1) any unpaid rent which has not been validly withheld or deducted pursuant to state or federal law or local ordinance;".1) So the explicit wording seems to make deductions a Landlord right, rather than a Tenant right that is unlawfully waived by the subject lease provision.   2) Also, if a lease term requires that a security deposit be paid, then a tenant can just void that term by skipping the first months rent payment in favor of the deposit.3) Finally, Tenant application of security deposit to rent could furthermore invalidate any 5-day notices served prior to exhaustion of the security deposit.The article author appears to be an accomplished tenant law attorney.  

The existing property appears to be currently valued at mid-$500k range.

I know how to handle the mortgage aspect ( private seller carry back and double true value) but it appears we have a very bad actor in AU... let me know and I will hit you off line.

The units are a little out dated, but otherwise appear to be in decent shape. 

This usually is the result of public complaint at getting 50 to 200 mailing pieces, when they appear on the notice of default (or lis pendens) list. 

Just completed some research and it appears there are a few more that do not require a license to Manage Residential Real Estate Properties:Idaho, Kansas, Maine, Maryland, Massachusetts and VermontFlorida, however, does require a license...so if that's where you reside then you may have some form of recourse available...consult a Real Estate Attorney in your local.Good learning post...thanks for the new-found knowledge!

Too flag someone in your post you need to use shift-2 and then start to type their name and their name should appear at the bottom of the reply box and click it.

Well, it would appear that the general consensus of the BP populous says that I need to stop by here and introduce myself…so, hello there!