We are putting an offer on a NNN and seller insists on deposit without loan contingency.

You can take them 3 weeks apart if my memory is correct, there are 3 of them.The state test is very easy, I paid $50 for some multiple choice tests via Kaplan and did a few hundred questions and that was it.Test focuses a lot on disclosure and how to handle deposit money, basically don't be an idiot, dishonest thief.  

Often a lease is signed and a deposit is made before the other folks move out!

I thought the deposit into your account came in as 1 payment since it is 1 lease.

The rent is $1250, and deposit is 1.5. 

When you deposit and withdraw money from your personal bank account, only do it from/to the Holding LLC bank account. 

All I have ran into is paying for marketing, deposit's, etc.

@Hector Ayala, according to this earlier thread, you can (but don't try for a 5-plex or larger):- https://www.biggerpockets.com/forums/432/topics/37...Loan criteria doesn't look too much different from (Non-VA) FHA-Approved Loans, except you might not even have to come up with 3.5% deposit.

It not only saves a lot of hassle, but tenants are never late with direct deposit. 

If they pay rent on time but are not taking good care of the unit, would you keep them then just charge everything through their deposit?