Security Deposit Account3.

At one time back in 2004 or 2005 we held about 50 notes, meaning we were receiving and depositing 50 checks per month, sending out 50 invoices by U.S.

I ask for a copy of their driver's license and the bank approval and/or POF with their address matching their drivers license.   

Also do you have to register as a bidder or submit an upfront deposit?

@Brian Leseberg what's wrong with using your bank account for deposits?

An LED lights up the room so much better and does not get dusty.No, the house does not have central air, but this is Ohio so A/C window units are commonly used for the couple months of the year they are needed.I just picked up 4 matching ceiling fans for $25 a fan on Facebook Marketplace. 

Ohh well, his security deposit will pay for coil cleaning.

For those landlords who take security deposits in City of Chicago, is a separate business bank account sufficient for the security deposit or do I still need to set up the special landlord account that requires all W-9 paperwork from tenants etc?

I have not had Voucher tenants before, I am thinking about asking double deposit as they are not making employment and salary criteria.

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.