It’s been 3 months since I made the deposit .

Focus on key areas first (like floors, walls, kitchen, or bathroom), which may help you handle the costs more gradually, even if it means moving in furniture or updating fixtures down the line.Also, since the tenant left it in rough shape, be sure to document all the damage (photos, receipts) in case you decide to pursue reimbursement through their security deposit or in court.

I have prospective tenants who signed a lease on 31st of October and paid security deposit same day.

Quote from @Kadia Lawrence: Deposits are refundable.

Your bank may not allow you to deposit them. 2.

Yup they hammer folks for the non refundabel deposits.. high pressure is how they are taught to sell.

First, request the current rent roll, which details each unit’s rental income, lease terms, and any security deposits.

Security Deposit: Follow Oregon’s rules—return deposits within 31 days with documented deductions.5.

With really bad credit I do require (in addition to first month and security deposit) 1/2 to a full last month's rent and/or a good honestrenter.com score.

Damage is always on the tenants and comes out of their deposit.