I strongly recommend collecting the full security deposit before any approved tenant moves in!

Laura Young was my funding officer, and I settled the $4000 security deposit in January and received a credit back at closing in the last week of February.

I suspect that full security deposit forfeiture for lease violation may not be legal.  

We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.

If they don’t pay it will come out of the security deposit.

Coincidentally the list of repairs they emailed her equals the amount of her security deposit. 

You can also just work with a lender that does not season and source deposits and that will pretty much clear up your situation. 

At this point, they'd only sent me 3 properties and I realized it might not work so I requested we stop and honestly thought it would be a really reasonable request to return the 20k deposit/finders fee. 

Hopefully, they don't go bankrupt lol - In order to get started with the process, I have to pay $1000 deposit.

Deposit or renter insurance requirements comparison.