I know there are a few options that replace collecting a traditional security deposit.

I'd rather the market stay where it is and collect rent than a downturn, a good deal, and no rent income.

The other thing here is look for and collect all pet damage assessments.Do not confuse "Service Animals" with pets.

That's for some tenants who do not pay on time, and a property I'm not collecting market rent for (normally rents at $2,600 but missed rental season so renting at $2,000).What should I do? 

In most parts of the Baltimore metro area the water bill must remain in the name of the owner.It is common for tenants to pay the water bill, but is the owner's responsibility to collect water reimbursements. 

A renter in one of my units is late on paying his utility bill. Actually, my property manager pays it each month and then bills back to him. He’s been late paying it back for the last two months. My question is if it’...

I’ve been contemplating getting rid of my property manager which is renters warehouse and use an app like cozy to collect payment and manage my rental myself.

This give the total value of all the profit collected if someone deposited it in a checking account every month and left it alone.

I'm collecting rent from there this evening. 

I'll manage the property i.e. maintenance calls, rent collection etc.