Step 3: deposits have to be paid to reserve the property and first month's rent is due the day before check-in.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Be clear about what you expect, with a written lease, rules for the house, and a deposit.

I spoke to a guy last night the guys down payment and monthly and a womans just in January was way different good way . one part I found interesting on top of all the systems etc was that they cover earnest money deposits too..others more costly , no monthly payments , skip trace system they will cover closing costs ,inspections etc but not earnest money..I get tons of good deals from wholesalers plus other methods ..that was huge to me..I didn't see earnest money in agreement though .

You will receive the security deposit in Checking but then transfer it to Savings.

She is insistent on using her security deposit as last months rent.

They are closing the gap, and usually offer bill pay, online transfers, mobile deposits, and the other things you would expect.I do highly suggest Amex for business credit cards.

For example, I often see Buyers purchase property thinking there is a $1,000 deposit but then the tenant claims it was $2,000 because they paid the last month's rent.

As an agent representing sellers you should always make sure there is earnest money deposit as part of any accepted offer. 

Here are the insights from my attorney and CPA:From my attorney:Your approach is perfectly legal and reasonable.From my CPA:Your approach of opening a joint account to pay the mortgage with the deposit coming from the LLC is the correct way.