Then just deduct from their security. 

Pricing seems to be all over the place, and would love to hear about personal experiences any BP members have had with building or securing alternative house options.The housing market has discouraged us, so looking for other options to get out of our current home in Reynoldsburg, and into something with a bit more yard/privacy.

Also, per Ohio law (where my rentals are) you cannot be reimbursed for wear and tear items from the security deposit.  

We received multiple contractor bids and hired a structural engineer who created an official report that directed the contractors to conduct specific work.  

Thank you for taking the time to read, I know that all the responses will have to be run by my accountant and can't be taken as official legal advice. 

Heck, social security is increasing benefits 5.9% and that's still not keeping up with inflation! 

I like to think of myself as an official partner of the bank at this point.- All assets are removed from your name which will normalize your FICO credit score-They will require quarterly updates on your books-5-10 year balloon is the norm but expect prepayment penalties- Lender holds 3 months of reserves Here was my breakdown when first exploring this: https://www.biggerpockets.com/...Properties 20+: PLAY WITH THE BIG BOYS:Flush with cash after the cash refinance and hopefully additional capital the number one priority is acquiring properties.

If so, it's true seller financing in that you take title at closing, the seller places a lien on the property for security, and you make payments to the seller. 

The purpose is to verify that the rent amounts stated in rent rolls are current and accurate, that the security deposit amounts to be transferred at closing match what the tenants have provided, that the number of occupants/ pets etc. in the unit match what’s in the lease, and that there are no other “side agreements”/ verbal or handshake agreements between the tenants and current owners/their representatives.

If the market is super competitive, then paying cash may be a great option to secure the property and then, as @Chris Mason mentioned, using delayed financing to secure a 30yr fixed rate mortgage after closing would be a great option.