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?

He's gone above and beyond to meet with me despite him always traveling and has provided me with endless resources like contract templates, guides, calculators and a whole library of books.

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.

Single family, multi-family, commercial, land, the possibilities seem endless and the Bigger Pockets community seems like the best way to learn and connect!

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.