I know of a few drug dealers who are making millions of dollars...just because it works doesn't mean its legal or right.

Yes it costs money but it will memorialize in a legal document what everyone gets at the end of the day.

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchange "doc" with "pdf" for more options.Here is an example and explanation: estoppel certificateSome have a lot of legal jargon but this document does not need to be so detailed.

What have you guys done in the past and am I legally allowed to move that money where ever I want? 

He also said to be very careful how the funds (last month and security) are handled during any eviction proceedings, ie be certain to keep funds escrowed properly and not used for legal costs. 

I assume I need permits :/  Mobile is title eliminated I believe.

is just a lot of work, mostly permits, and coordination.

My personal favorite is "Every Landlord's Legal Guide" by NOLO.

Because under the 506 (b) which many investors use you legally not allowed to advertise. 

@Steve Vaughan  Steve loves excise tax  LOL.. but he is super sharp and has some work aroundsthis was the tough part when I did foreclosure rescue when it was legal in WA..Not only did we need to clear the bank many times we would only have a few hours to pay the property tax's and excise before they would record my deed the day before the sale.. it was pretty hairy on some of those deals but that's why we got the smoking deals. we could do this without title co attorney or anyone else.