Cover your ass(ets)
“Be sure to get renters’ insurance as well to cover for any potential losses or liability in your new apartment,” advises Rios, adding that these days, most managed buildings actually require all tenants to have it. If you’re a car owner, you should be able to add renters’ insurance on through your auto insurance policy.
Never, ever pay cash. EVER.
Think about it: it’s way too easy for someone to rent an Airbnb, create a listing on Craigslist and pretend to be a landlord in a ploy to get cash before disappearing into thin air. In fact, it’s happened... many times. If a landlord demands cash, run. If you absolutely must put down a deposit immediately and don’t have your checkbook handy, find the nearest Currency Exchange or Post Office and get a money order, making sure to retain the stub. Also, this should go without saying: don’t ever send anyone money via Western Union, no matter how legitimate their story seems... particularly if their name is Birmingham Jack, Esq.