He said they don't have to pay it, but he'll get it out of their security deposits when the extended year lease ends.They've also had 3 or 4 bat removals since September. 

(Money can't randomly appear in my bank account, all big deposits have to be traceable, ordinary, and reflect my financial situation).  

One of the biggest questions that comes to mind in this situation is the security deposit.

They're all booked in advance, I give them a deposit and they're good about working with me as timelines change.  

When I closed, I received just over $1k for the security deposit and prorated rate for July.

It is where you control the deposit you put up; communicates your “out clauses” to protect yourself (here is my out clauses “ This contract is subject to partner approval”) in the evident you can’t find an end buyer.

I am looking for some guidance on managing security deposits, repairs, and return of the balance from a bookkeeping standpoint. 

I've seen it where 60 days notice is required, tenant pays full amount for the month they terminate in and forfeits their deposit. 

I would suggest approving with 2 months security deposit on the couple.

As far as I know, you’ll have to do a draw and deposit into your checking account then write check.