3 business days it is direct deposited in my account.

I understand why you're confused though, this is possibly the worst presentation of a closing statement I've ever seen.Note that if the PMI, MIP, Funding Fee Financed (n) were to be removed, your cash from borrower (p) would need to increase to match the total credits to the total debits.

The previous owner had them on a month to month with no deposit.

I recently moved into an apartment complex in Spartanburg, SC and I moved from out of state so I just showed up after doing most everything online and was given a website to go to so that I could get renters insurance, and they said if I got insurance through this website I would only have to pay about $100 for my deposit!!

After all, the former treasurer deposited $9k into our operating account for another of her buildings and would not even know the money was there if I hadn't taken over and pointed it out. 

Reasons include forgetting or banks closing before work shifts end (I have my tenants deposit into my business account).

Hello Gerry,I currently use them, I had one of my tenants sign up for ACH deposit.  

You have to figure out what you want and then see what matches up with that.

You can adjust the purchase price accordingly . . .).4) New Tenant Credit History - This may be obvious but; You need to verify credit history on the new Tenant; Make sure you have an adequate security deposit,; Attempt to get a personal guarantee if the Tenant is a corporation or partnership, and; Verify their previous "leasing history" with their current and previous commercial landlords. if your new Tenant is a startup, be cautious, make sure they have the financial capacity and experience to conduct their new enterprise and pay your rent and the NNN expenses.5) CAP Rate -Each market and individual property categories will have their own unique market Cap rates.

Mike Where I have rentals deposits are controlled by local laws.