@Lauren BishopI've recently published a write-up on Reddit.

I recommend reading the book "The Book on Investing in Real Estate with Little or No Money Down" by Brandon Turner and published by Bogger Pockets.

We also have been in business 20+ years locally and have 100+ Google Reviews accompanied by Yelp, Angie's List and Facebook reviews also, along with many local charity projects published in local newspapers.A company with this much good publicity is easy to gauge and justify the 50% deposit. 

I would much prefer to take my chances with a tenant who has the safety net of HUD to kick in rent payments if they lose their job than to accept a tenant who will have no option when they quit their job or get laid off.I recently published a blog on the subject of people's perception of SEC 8 vs my reality.  

But this fact bears no consequence on whether or not the tenant: A: Qualifyies for the propertyB: Wants the propertyStay focused on what matters & always publish your criteria.

They just need to publish a looong list  ;)

A bit about myself and my interests: I am an aspiring REI from Atlanta, GA with a multitude of focused skills; including copy writing, intermediate marketing, product development, website customization, graphic design, video editing and audio mixing/ editing.Currently, I own and operate a company where we connect and develop web based solutions. 

Coaches run the calls, and most of the I get the feeling only want to promote their business or their own books they have self published. 

@Brandi Graham - Forbes recently publishes an article I wrote on this topic.

There do not yet appear any published legal cases that have reviewed this issue.