@Vivek Kumar, For a tenant like that I might charge 2 months deposit (max allowed in my state).

I do not take the listing down until I receive the security deposit.

Or, am I overreacting and PMs truly just lease the property, hold on to deposits, and fix things when they're broken?

@Zehua Zhou,You can use a Fidelity non-prototype account to manage the rentals, but it will have some of the features available with the bank's checking accounts, such as having a debit card, mobile deposit, and bill pay.

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

You had to looks at and confirm the lease terms (length and cost) as well as security deposits and so on. 

Once I got the invoice, I would call the office of the company he used to ask them to send you the invoice to make sure they match up.

And of course do NOT pay personal, or unrelated expenses directly from the LLC bank account (maintain an LLC bank account - do NOT use a personal account for LLC expenses or deposits!).  

Inventory and market demand for Astoria Duplexes Year to date, we have matched 2022’s total of new listings.

I think confirming your target client matches the size/cost of the unit is key here.