Of course, I was still concerned about the possibility of late or missed rent but luckily I worked out a deal with ALE where they paid me 2x the security deposit along with 3 months rent pre-paid.

I will say, I'd stay with conventional if you can...I know people often think FHA when it's a lower DP, but the prepaid MIP makes the math less favorable. 

And after they move in , they ask to have the rent they prepaid returned , you will be obligated to give it to them . 

However, when if lender was to inform me that a certain pre-paid fees is refundable after closing, I would have instead negotiated to refund at closing by instructing the closing agent to ensure that refund is credited to me on HUD1.

Prepaid rent sounds nice but is usually a red flag about their ability to continue paying. 

If mailed, such notice is effective when mailed addressed to the Member's address shown in the Limited Liability Company's current record of Members, with postage prepaid.8.06 - Action Without a Meeting.

Seller concessions can only cover closing costs and prepaids.  

If you do, use a prepaid card that you don't mind being attached to your account.

Your downside risk is the stock price rockets to let's say $200, and you only get what your selling that option for, 158 + the 12.50 per share they pre-paid you = 170.50Upside risk, the stock only goes up to say 165, meaning it's a net loss for the holder (aka gambler) of that option contract to exercise it and you keep the 12.50 plus you keep your 8,900 shares, rinse & repeat selling yet another in-the-money covered call another 90-odd days out. 

Because as Joe said, you pre-paid it.