Work with the other PM to get deposits and leases transferred. 

If they look fine, do you see her employer's name there making deposits? 

Since our goal is to scale in real estate and we do have the funds, we would prefer to minimize the deposits and invest into reno where necessary and keep the capital for now for improvements, if they arise.

Or they sign the lease, pay the deposits and then change their mind and want their deposits refunded?

Jeff Beach the owner has taken deposits for over 2 years from clients.

I figured I could squeeze out an addition $100 monthly per house by adding a bunch of junk fees into the fine print of my leases which my tenants wouldn't pick up on and could take  from their deposits.

She breezed through her application, has great references and credit score, had already paid her July rent/security deposit, has insurance in place, and is set up for auto-pay going forward.Thanks for your insights!

When assigning the property you will ask for a non-refundable earnest money deposit from the end buyer.

I offered them 5K relo, last month's rent free, and deposit if they move out by Dec 1st.

The downside will be I will not be able to pull initial investment out for five years and my IRA deposit will not lower my AGI (if I am over income limits).Any additional input?