The security deposit belongs to the tenant not to myself (owner) or the PM.Has anyone ever heard of anything like this before?

My guess is they aren't the exception to the rule, so since then I've been very diligent in my midterm rentals about asking for a large deposit (midterm rental deposits should be equal to one month's rent or more).

One thing that is not talked about enough in my opinion is higher deposits (at least when renting by the room). 

No major QI firm, not even my own, advertises about paying interest on deposits (the IPX website, for example, has no info on this). 

They do guest screening, security deposit, rental agreement etc. 

G'Day folks,I've reached out to my legal and accounting team for referrals but they had none.The IRS is absolutely useless and we have tried dealing with them for over a year now on this matter.At the point of just hiring and handing over to legals to deal with itPaid off $70,000 in prior year taxes and have receipts and deposits as proof, etc...

Will the proceeds be deposited in a joint bank account?

They are all different as far as deposits and who would be responsible for foundation etc 

It really comes down to what specific documents you need from the tenant that you'll feel secured and comfortable of renting it to him/her.The typical criteria would be credit, background check, renters insurance, first + last month of rent + security deposit.

If within two years from the date the earnest money was deposited in the broker’s trust account, and the parties have not provided the broker with such signed instruction or written notice that such legal action to resolve the dispute has been filed, the broker shall return the earnest money to the purchaser with no further notice to the seller.