Keep that money (as you should legally) to do repairs and clean-up when they leave.

I quit my job way to early because I wanted the freedom...or what I thought was freedom :) What I realized was it was way easier to do real estate when you have a W2 job with income as the banks like that way more than the business / selp employed model...expecially when you first start off and don't have a track record.One of the biggest mistakes I see people make is that they don't have any active income and rely solely on the rental income and the rental income is just enough for them to live on.This creates a lot of risk becuase if a major expense comes up it will deplete any cash reserves or you will have to put it on a credit card which increases your expenses and can turn positive cash flow into negative cash flow. 

And are you providing bags/scoop/bins for cleanup if it's a shared space? 

Rents are high if you can cleanup the units and make them enticing to the tenants, even in areas that are not class A or B.

If they did go into a bank account it was to reestablish a liquify reserve that had been depleted - so interest rate would not be relevant here.

They must clean up after the animal inside and anywhere on the property.

Upon arrival we had to cleanup two dump truck loads of garage that they left behind in the apartment and basement. 

Then they periodically (perhaps weekly or bi-weekly) walk around the yard to clean up the poop.

However, I have almost no trade skill knowledge so I'm looking at demo, cleanup, yard work, etc. type of jobs. 

I think that one thing that helped was that my partner and I had befriended the neighbor, repaired the gutter on the  shared garage, offered to clean up trash in his yard, and were generally friendly to him during the course of the renovation.