I enrolled the tenant on direct deposit from day 1 so she’s set up to pay $725. 

(BTW, banks saying "we want a relationship" is really just code for "we want you to deposit money with us.)

May not be a bad idea to do a condition checklist with him just to verify present condition, even though it doesn't sound like there will be a security deposit involved.Those are just a few kneejerk thoughts. 

They do follow through, it is converted to their deposit.

The only thing is one would have to make sure to have direct deposit on the balance of monthly rent due to be safe. 

This hasn't happened to me yet, but what if the property management company I hire went bankrupt and could not give the tenants in my rentals their security deposit back?  

Another BP thread had these lenders posted (if you are okay with non-deposit lenders, i.e. not a bank):CoreVest Finance  Lima One Capital  Visio Lending Never used them. 

I suggest charging rent and a large security deposit I am not a big fan of this but if that is what it takes to get the deal done, make sure the buyer is compensated fairly 

I would also recommend setting up a separate checking account to deposit all rent and purchase anything property related to help keep track of expenses.

How much are most of the GC's asking for as an upfront deposit when you start work on a project?