The tenant left with proper notice and was given their deposit back "prematurely" as she states it.

Are there any fees/holding deposits required by law?

I pay a few more dollars in monthly fees, but my PM brings profitable deals to me that are off market, from other investors she knows.I also agree about using local banks and spreading my eggs in more than one basket:When I decided to target cash auctions, I went to a national bank and asked to open a line of credit, assuming they would gladly approve it because of my high credit score, fantastic credit history and because I used to deposit all the money from my consulting business and RE rent at that bank.

I doubt they will wait longer than 30 days so have you finances in order or you will lose your deposit.

For example; Security Deposits.

You'll find plenty of landlords willing to rent month-to-month here, but with a hefty security deposit.

., regarding your 2 proposed offers, it makes no sense to me if you have exactly the same deposit and repayment schedule, but based on different purchase prices and interest rates!

Deposit it into a bank account?

Escrow accounts can also come into play when a landlord needs to hold tenant deposits, etc. in an account separate from their operating account.

Or, can I just have them sign the new contract which would have a rent increase and pet deposit/fee?