They should have already given you the deposit, in which case find a new tenant ASAP and use the deposit to cover any prorated rent for June.  

Did you keep the buyers earnest money deposit? 

If you know that something major will need replacement in the future, increase the monthly amount you deposit into your reserve fund.

You can collect income from the renters separately, but just make sure you deposit the same amount (whatever your rental contract says) at the same time, on a monthly basis.

My credit card companies will direct deposit the cash into my bank account in a day or two upon request.

Submit doc's 3/14 and pay deposit. 4/5 get email asking to resubmit(she cant find docs) and do same day. 4/9 says she needs to do an extension, charges me $75 extra, and I pay the 2nd half of my bill.

Having to collect the rent (which is done electronically), deposit it and transfer it each month, shouldn't take more than 30 min in total (being very generous).

what I like about MLS is you can go through a normal buying process. .wholesalers want to hype their deals info is wildly incorrect.. they want up front NON refundable deposits and your not getting any of that back.. they just try to create a false sense of urgency.MLS you take your time make your offers you can offer less you protect your EM you have inspections you can re trade within your contract time lines etc etc..MUCH more buyer protection that way.. the market will dictate the final outcome.. not a wholesaler hype machine and no real due diligence.

You could charge their security deposit, but it likely wipes it out leaving you with no security at all.

All rental income should be deposited into this account, and all expenses related to the rental property should be paid from it.Accounting Practices: Maintain separate books for my personal finances and the LLC’s finances.