It's the same thing from a dollar perspective as it's just the accounting classification of funds, but since they applied the security deposit to the rent they also took part of the security deposit as late fees for themselves which just feels wrong since they didn't actually get the rent, but just applied the security deposit. 

A double security deposit can. 

Plan is so that he can retire and him and my Mom can be financially secure on rental income while my sister and I manage the properties in the trust. 

Now, as background information, up until Washington’s land purchases, almost all land was obtained either through land granted by the crown to a Lord, or through inheritance being the first born son.

I'm actively purchasing multiple properties and would like to leverage hard money loans with terms typically ranging from 1.5 to 2 years.My primary focus is on securing financing that aligns with my investment goals while ensuring that the rates and terms are the most favorable.

Granted, I have already invested thousands of hours already, and invested by making it my career, I just yesterday closed on my first property.

I was able to to secure a loan. 

Regarding security with buying the property, I can't say I'm too worried about that.

You will receive the security deposit in Checking but then transfer it to Savings.Savings: Hold the deposit here so it's separate from operating funds.

Imagine closing on a vacation rental that can't secure a permit?