I recently started wholesaling in the DFW area, I am actively searching for ways to connect with cash buyers in the area.

If the deal doesn’t cash flow from day one, we pass.2.⁠ ⁠

Then all 3 of the following: security deposit, renters insurance and damage insurance? 

Receiving cash upfront from tenants with low credit is very tempting and may lead to a lower risk of financial loss.

Set-up auto deposit to account and monitor for late payments.

This is the exact reason why you never collect just one month rent as a security deposit.

While other choose locations where the properties will have a positive cash flow while residing in the property.  3.

The buyer wanted to close with cash but due to a few hiccups a couple on the sell side and one of the buyer's partners backing out he opted to go with a construction loan(I'm assuming) to get the deal closed.

. - As it's not uncommon for students to drop out or decide they can't get along, you'll want very strong language regarding one tenant moving out and the others remaining - specifically that you won't refund security deposit to one student moving until ALL tenants on lease vacate.- Strong language regarding locks on bedroom doors- Cover landlord?

Local banks and direct lenders will definitely have better fees/pricing, if you establish a banking relationship, deposit money, or do serious volume.