A deposit is standard for DD and maybe to pay for the appraisal.  

The custodian is bypassed and you can make payments and deposits into a checking account owned by the retirement account.  

Off of the purchase contract, I would verify proof of funds, ask for prequalification letter from a lender if buyer is receiving a loan, with a good faith deposit.

They already have 1.5 months rent as security deposit. 

Asking specifically when it comes to situations where tenants would rather have options similar to deposit cash or check at some bank.

You must properly treat the LLC / Rental like a business.Rents get deposited into the LLC Account.Expenses get paid out of the LLC Account.You can make contributions / distributions to / from the LLC Account.Try not to receive rents or pay for expenses directly from your personal account.Best of luck

It always helps if you have your deposits at the bank you are trying to get a loan from.

I'll be making two changes on future leases as a result of this - increasing security deposits; and making rent due by the 1st (current grace period is through the 5th).http://lawfilesext.leg.wa.gov/biennium/2019-20/Pdf...

I got a pre-approval and sent in 7k as a due diligence deposit (before I learned to NEVER do that).

Would be really grateful for guidance and thoughts on how to be productive between picking up and depositing rents.