@Jared Hottle are you able to receive payments from apartments.com as soon as the tenant makes the Deposit, i have to wait about 7 days until it is in my account 

Hey Nick,  Most lenders have programs that allow you to provide an active lease and two months of canceled rent checks (or proof of auto deposit in your bank account), even if your property is new and has yet to be filed in your taxes.

There is a small subset of good wholesalers who understand that rules and regulations of real estate in their state and present a fair option to sellers and investors to match.

If the deposit is non-refundable and there is no damage, why do you think one person (the home owner or the PM) should keep all of it? 

It's not uncommon for them to ask for bank statements showing deposits matching the rent. 

If this is the case, then do an inspection to verify it is vacant and in good condition prior to any money changing hands.Make sure the security deposits and prorated rents are transferred to you.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

If anything, charge extra for anyone paying by check or money order in the office to compensate for the additional work it takes to manually deposit those funds.

The sad thing about the 8% vacancy allocation being a high reserve I would normally agree, but I have every bit matched or exceeded that on these duplexes so far.

Checks/Deposits/Crypto?