We charge one month rent and one month security deposit before move in (make sure payments have cleared before turning over keys)  One month security is max allowable by Delaware Landlord Tenant code.If they have a pet you can charge a pet deposit (again, by state code, DE you can charge up to 1 month rent)If separately metered utilities, make sure they've transferred them into their name by providing account numbers and also a copy of their renter insurance before move in.Good luck!

I personally have not heard of the website that you came across.

What markets are you in?

Would you agree?

@Allen Higbee Guts always make me nervous - there's typically a lot more reno required than most models suggest, which usually kills your ROI.

I would have asked for his BAR # and which state.

A good DSCR ratio often gives you leverage.Interest-Only Loan Options: Some lenders offer interest-only loans for investors, which can keep your payments lower in the short term.

Have you reached out to your insurance agent? 

Positions you as a thought leader or market expert.

Thank you in advance!