Hello All,I am a new investor that established a bank account with a local bank that lacks mobile deposit capabilities.

I then said I will take it out the deposit and referenced the rental agreement.  

@Patrick Owens When I close on a property if I send a letter stating the following - I’m the new owner- management has changed X (if self managed or new property manager or whatever)- how And who to pay rent- how to report an issueS - (Florida rule) where their deposit will be heldi will then send out another notice about 60-90 days before their lease expires with their options going forward.

When water has been off for a while and then turned back on, the deposits may prevent water from flowing at normal velocity.

Renter signs Binder and gives $400 deposit NEXT DAY. 

.- cancel the deal and walk away and get your deposit back, but first, confirm the language in the contract.As a buyer, you don't really want to challenge the appraisal because it's in your best financial interests now that it appraises low.

You're responsible for paying cash upfront for the deposit and then you have a period of time to pay the balance.

The home does need some cosmetic work so they're not going to be getting your security deposit back most likely due to damaged walls, cabinets etc.

Conventional Loan with a 20% deposit.

CashApp, etransfer, they can go to the bank and make the deposit themselves (preferred method) & I’ll take any other form of payment that transfers money from them to me 😆 I am planning to switch to an online system as soon as I finish taxes.