Pre-paid rent in Ohio

[Robert Calabro]

I’ve got a tenant who would like to pre-pay rent for the winter months. I am happy to accept this, because I know his income fluctuates in the winter.

My questions are:

1) This is a month to month lease, does accepting the pre-payment lock him in for those months or can I just refund the money if I need him to move out?

2) Are there any Ohio specific regulations I need to be aware of? (I’ve heard about escrow accounts being required for certain states)