What can I use security deposit for?

[Ryan Sajdera]

Hey BP, 

I was wondering what I can use a security deposit for, in terms of repairs. I currently have a house that is going to need ALL of the rooms repainted upon move out. The question is, can i use the security deposit to pay for the paint, and supplies? Do I charge for my time if i'm not a licensed painter? Can I use the money to purchase a sprayer for the paint? How do I go about doing this all? Thanks!

Ryan