Think of your first property as an asset that is performing.

Securing a ton of debt is great while everything is great, but a bank can call your loans due if they get spooked.

. $28k is not much to have in a performing property.I would say don't panic.

When they sign the lease, the deposit transfers and becomes the security deposit.

I have seen a TCB sale in a different county overturned by the TCB because there was a court order to postpone the sale, and the TCB did not postpone - that is another sort of screw up that the TCB will perform ;)This sale might have been under the automatic stay of the BK courts - so the TCB would not have been allowed to sell, and it should have been postponed if that is the case.

Her first month's rent/security deposit check bounced.

However months later when the lease was up and there were other items I deducted from his security deposit, he protested. 

...i reached out to an investor asking that i be added to their vip cash buyers list, as i have been given the green light by several buyers to bring sellers to table. she sent me a deal - its great, off-market in north cali with around 40 units, fully entitled. so i sent the deal to my cash buyers list and immediately got a buyer who wants it. i asked my investor friend if she pays a finders fee and she said yes...but since i know that my cash buyer is more than happy to pay above to asking price for the deal, id rather secure the contract myself and then assign it to my buyer but one obstacle i might face is that my pof isnt for 10 million its about half of that....with getting this contract myself also i dont have to worry about next time my buyer going directly to my investor and getting future deals that would leave me cut out of the deal.

The sample looks a lot like the seller (or seller's agent) found some calculation online and punched it into a formula ignoring performance in real life.If you're a potential buyer looking at investing in this property, take a deep breath and take a step back.

- 4 units or less can secure conventional residential financing (if you want to live in one unit you can even get an FHA loan). (3).