One to hold all the security deposits and the other for collecting rent and paying your bills.

How will you remain anonymous once that claim is filed when you are required to respond to discovery requests, answer interrogatories,  participate in depositions etc.?

After 18 months I still didn't have a building permit and decided to cut ties with the builder and forfeit my deposit. 

And if so, what are the benefits of section 8 if the only guarantee is the direct deposit and yearly inspection?

The direct deposit on the 1st of every month is a wonderful thing!

If these are new cash buyers you’ve never worked with before, or you are using someone else’s list, then you need to include a NON-REFUNDABLE Earnest Money Deposit in your assignment contract.

Deposited money goes directly to loan principal.

was wondering if there are ACH service that is free out there.Thank you DIRECT DEPOSIT 

All good suggestions--if you find this becomes a bigger issue, one thing we have done in the past is offer back the security deposit in full to get people out. 

i charge a pet fee but generally don't require a deposit.