The note is not the IRA, it is the investment of the IRA.All income from the note must be deposited to the IRA account.You can then request distributions from the IRA account.This is no different than if your IRA owned shares of Amazon. 

@Liz C. honestly, I think she is just trying to cover her *** because these were issues when she moved in, she does noy want to be blamed, nor deduct from the deposit when she moves out.An appointment to physically go and see these issues is important, take a photo of them, notate and take care of any issues that are a hazard or big nuisance 

This would be set up from her bank to deposit into your account.

You do walk thru of common areas and the apartment that's to be vacant morning before closing to verify.Rents for Sept should be in closing docs seller pays to you. along with security deposits and any interest.Moving tenant, sec deposit should come from seller. your taking possession as of 9/1 so condition of unit is as of that date for you,, and seller would do refund on deposit.

The lease calls this a pet fee, not a pet deposit, and states it is non-refundable. 

So you need to show them that you are ready to hit the ground running and close.Particularly in a market like this one where, in major MSAs, people are going hard with their deposits on day one and closing in 30 days with no financing contingencies.  

My tenants lived in the home for just 11 months. (Thank God)  While preparing for us to move back in as the primary residents, we scheduled to have the floors of the entire home redone with wood.  So we told them not ...

They hold the funds, sign every document, issue checks for expenses and receive deposits. 

From the Renter I would get first month’s, last month’s and deposit.

I don't know if a spouse would be treated any different for the situation you described.In general we force each spouse to submit an application, and we have asked for additional deposits or denied based on poor credit from one or the other.IF someone falsified an application, and I could prove it, then for us it would be an automatic disqualification, and we would encourage our tenant to move out, or at the very least not allow the other person to move in.