When do you collect security deposit and rent on MTR?

[Kelsie Yeh]

Hello!

I just listed my first MTR and have secured a tenant(s) for 3 months. I went ahead and made them do a background/screening check and they have signed a lease agreement , so far everything is good.

My question is when do you typically collect first month's rent and security deposit? I don't want to block off my calendar for new bookings until the deposit comes in.