Derogatorycredit (past due accounts, collections, charge off accounts, tax liens,judgements in excess of $1000 and/or bankruptcy) may result in additionalsecurity deposit or denial.

Do you get a security deposit, if so give them notice that they will get an extra $20.00 with their security deposit if they review within x days.

If you have no luck with a bank located where the property is then your local bank where you live and hold deposits might do the deal as they have an existing relationship with you. 

You will want to sign a short term lease agreement and get proper deposits for them such as last month and security.

It might not even be accepted on your initial terms and most states have buyer focused contingency periods, or a statutory period of 7-14 business days to remit the deposit, perform inspections, organize appraisals and generally renegotiate or cancel without risk to the buyers earnest money deposit.

The seller claims that I was the reason why the units remained vacant and refuses to return my deposit due to the mortgage contingency.

It will show their monthly deposits and you can determine (on average) how much they are depositing every month into their bank account. 

My understanding is yes, provided these LLCs are not owned by a retirement account.It's a good question for your CPA.I normally just take an owner's distribution and deposit it into the LLC with Real Estate.

I suggest you make your counter addendum to the original contract with it basically stating that after ther inspections set forth in paragraph (whatever) you have elected to reduce your offer by $XX for a total sale price of $XXX, and if such amount is not acceptable to the seller, to terminate the agreement as allowed in the referenced paragraph with seller allowing all earnest money deposits tobe immediately returned.

http://www.biggerpockets.com/forums/110/topics/60487-need-to-borrow-23-cash-to-close-on-2-condos-for-3-days-I'm more curious because I've worked with W&W before, and their deals were pretty tightly worded: generally no contingencies and you lose your deposit if you don't close.Thanks,Tom