Tenants are divorsing and leaving the property and we are now ready to return the deposit. 

@Noah SchulzThe previous owners' failure to disclose a back-paying arrangement complicates the situation, potentially leading to tenant disputes or security deposit concerns.

I just put down an earnest deposit on a single-family home in the 63134 ZIP code.

Instead of increasing rent, I would look at having the security deposit increased to protect against wear and tear.

Here are some of the reasons:- Americas only 30 year first lien mortgage where every deposit goes 100% to principal. - Americans only first lien 30 year mortgage with 24/7 draw ability 24/7. - The only first lien mortgage in America that recasts interest every time you make a deposit! 

Be very clear that they must transfer the deposit along with a complete set of tenant records (application, lease, payment ledger, etc.). 

We certainly have some problems with damage, but rarely goes over the deposit amount.

In principal it sounds good but I am not sure how it is better unless it eliminates a large deposit.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

I can have separate bank accounts, debit cards, security deposit accounts etc. and now with new features like automatic recurring transfers things are even easier and time efficient