They collect your rent, apply late fees,  deposit your monies into your bank account, market your properties, track expenses, screen your tenants, etc for just a few dollars a month per door.  

So far it has mostly been a deposit of sand.  

I also found out on the day we closed the loan that they have no security deposit either.

You have to deposit cash up front in your bidding account to be able to bid.  

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

If it gets harder to evict tenants, landlords will require higher deposits and rents to make up for those potential losses.

A cash deposit of $10,000 was required,, then a $300 a month payment till it was paid in full.

Then you will have a 10ish min quick walk through the property and if his pictures matches the reality and you don't see anything abnormal, then after you sign with him assignment agreement and you put nonrefundable deposit and close in about whatever days you agreed on(usually up to 10).  

Purchase Price:Total: $1,985,000.Deposit: $10,000 (First Deposit) within 3 days, additional $30,000 (Second Deposit) within 30 days.Seller Financing: $297,750 (15%), 5-year term, 20-year amortization, 6% interest.Balance: $1,647,250 to be paid at closing.

They are yet to pay the deposit.