Technically they offered me payment when I meet them on Friday so it would not be right to give them notice now.I did tell her that if the check bounces there is $35 fee so she better not give me a bad check.

In some jurisdictions in the US they consider a post dated check an open contract and won't allow eviction proceedings to start until all the checks have been submitted and bounced. 

His mom became a drug addict and bounced from dealer to dealer to keep her fix.

Whoever moved it obviously did not worry about doing it correctly@Alex Franks I understand where you are coming from but the idea that is bouncing around in my head is that the folks that couldn't normally afford to rent a 3/2 with a two stall garage and large lot on the edge of town would love to rent this for $150 or so below market rent.

However we just received a notice from our bank that the check they issued for the deposit bounced (yes almost a year later, thanks BofA).

He wrote me a check for some furniture I was selling at my garage sale, and the check bounced.  

It only happened a couple of times over 8 years, but we're talking deposits of around $20,000 - $25,000 (depending on the year, etc.) for the building with the 25 units I managed.The bank resolved everything, but I guess you might want to keep in mind the possibility of a deposit not crediting, and having to be reconciled - before you withdraw any amount that might cause some other payment to bounce.

there is no sale till you got a signature and security deposit (no personal cheques for security deposit or first moth rent, it might bounce and you already have someone living in your rental. 

I'd probably not accept a check because it could bounce and you'd not be able to process the app until the check clears.Tons of online tenant background/credit checks to include Smartmove, which is featured on BiggerPockets.

Account Closed  Those graphs could be any major metro area in the US  Save Detroit :)  thank god the whole country is bouncing back from the edge of the cliff...