Had them sign leases and got security deposits.

Honestly, I would sell it now while there are still an endless supply of foolish newbie investors out there that have the capital to throw around $2M with no underwriting skills and assume they'll cashflow based on bad advice from realtors and youtubers.Eventually once everyone starts wisening up to these investment-only properties being a negative investment, prices will start falling and you might lose that equity. 

Where I live it used to be 30 days - and I didn't think that was enough time for folks living month to month to pull funds together to save up, look for a place, get a deposit and 1st mo's together etc... so I always gave at least 60. 

That means reading as many real estate books as you can, listen to an endless amount of podcasts, attend as many meetups you can, and try to find a mentor by finding someone doing what you want to do at a large scale and provide them value (expecting nothing in return).

Utilities start-up feesSevier County Electric will charge you a deposit.

Here in California, that essentially means that the buyers earnest money deposit wouldn’t be at risk regardless of what they did.

Earnest money deposits are often required to secure a purchase agreement, signaling a buyer's serious intent to sellers.

Right on the bank statement you could see the following:- Federal & state tax refund deposits of $12k- Purchase at a care tire shop, assuming new tires for her car.

Option money itself so many wholesaler either put up no money or ridiculous EM deposits like 25.00 or 50.00 .

Don't forget there is more than the downpayment, you have closing costs, holding costs, deposit to a contractor to start work.