Benefits:  If they move, you KEEP THAT DEPOSIT.  

Portland Commissioner Chloe Eudaly announced she plans to call for reform of rental housing deposit regulations and is considering:(a) limiting the deposit amount;(b) requiring that it be held in an interest-bearing account; and(c) clarifying the definition of reasonable wear and tear.In an article published in today's Portland Tribune, Eudaly claims to have set up a stakeholder committee meeting of landlords, tenants and housing advocates.

A "preliminary" closing disclosure would provide a date in their system.They will not require you to pay the full down payment if you've already paid an earnest money deposit. 

There is a $200 non-refundable pet deposit in place. 

This helps when we need to a claim on security deposit at the end with no questions.

So I just closed on a fourplex and upon closing the seller and I had some disagreements about deposits and rents being turned over to me.  

The dollars would have to be deposited into my trust with which I would write checks out or for investments.  

The only thing I could think of was to not give them their security deposit back if they didn't complete the term, but according to Florida Statute 83.49(3)(a) and 83.49(5), I still must return their deposit minus any claims.It is cheaper for me to let them leave than to file any evictions in court.I did notice that in the first paragraph of 83.49(5), it says "except when otherwise provided by terms of a written lease..."

If they see a big deposit in the statements that you are required to send, you're right, you will have to explain where that money came from.

Then after we got approved we put the deposit down, we'd know we couldn't get our deposit back if we changed our mind.