From the Renter I would get first month’s, last month’s and deposit.

I don't know if a spouse would be treated any different for the situation you described.In general we force each spouse to submit an application, and we have asked for additional deposits or denied based on poor credit from one or the other.IF someone falsified an application, and I could prove it, then for us it would be an automatic disqualification, and we would encourage our tenant to move out, or at the very least not allow the other person to move in.  

In the event of buyers default, the deposit shall be the sole remedy.He urges to never sign a contract without those clauses, it saves you if you can't find a buyer and need out.

@Hattie DizmondLLCs and corporations are my bread and butter and the reason I say that lawyers here in Dallas hire me to do an investigation into LLCs they are suing, and I see it all the time and when I starting tearing the LLC apart I find a lot of fraud on the behalf of the owner of the LLC and then the truth come out when a deposition under oath is given.Joe Gore

I am assuming the re-stain is just part of the normal aging and I cannot take their deposit to pay for it correct?

What is the best way to establish a rate to charge security deposit for repairs such as drywall patching and repainting if I do the work myself.

Maybe have a security deposit and possibly give back a portion of the option consideration like cash for keys if they move out with the place in good shape.

Mortgage companies will not issue checks to your name and in this instance all I do is provide limited POA to my bank and there are no issues with deposits.

The loan balances are a high percentage versus the branches total deposits level.In the coming years banks might pay 2,2.25, 2.5 percent or more on CD's and savings to attract money in.

Besides rent receipts and direct deposit records, is there anything else that could be used?