Many would say the only thing you're permitted to do is check your account periodically to make sure all the deposits are coming in.  

My question is about something he said in his article:"...be careful of separating the real from the pretend buyers by simply asking for a non-refundable earnest money deposit from your buyer."

I explain this to tenants, because some feel they have more rights and power over their roommates, but according to the law they don't.We do not touch the security deposit until a future point in time when all parties have vacated and possession of the unit is returned to us.

Does the requirement to pay taxes in the state hinge on whether you deposit the rent into a bank account there or receive payment at an address in that state?  

Though they acknowledged it was their error they would not be reimbursing any of the thousands of dollars the housing authority had to pay in bank fees incurred after having to order duplicate copies of every deposit item for an entire fiscal year.She also acknowledged there was no warning or disclaimer on the QB update that money orders were not a viable payment option and as a result all previous and future money order data would be altered or deleted by the program during the software update.2.

Since I assigning I am not sure if the attorney has to1) prepare for closing2) obtain title work (I can as the cost it's minimal but not necessary)3) preparation and review of closing documents4) Representation at closing.5) recording of the documents6) obtaining the title policy.She also went on to say that once we are out of attorney review the assignment is complete.I am not too thrilled by her lack of knowledge of Assignment of Contract.The service I require is1) review purchase contract in attorney review stage2) once out of attorney review, I want her to draft an Assignment of contract and send it to the buyer's attorney and collect the deposit for the assignment.3) buyer will then conduct his inspection and if all goes will schedule a close with the seller.4) At closing, the buyer will wire or send a certified check towards the balance of the assignment fee, I do not thing my attorneyneeds to be at the closing.

Yes, it's more expensive to replace however if it needs to be replaced then something major usually happened which would be deducted from the security deposit.

For ease of payment the Borrower may exercise the option to effect payment by direct deposit or electronic transfer of funds into the account of Lender as specified in writing.PrepaymentThe Borrower may prepay this Note in full or in part at any time without premium or penalty.

. $5,000 earnest money deposited in escrow, and if there wasn't malintent that you would probably be ok.

I'd like to get any recommendations on apps out there for tracking tenants rents deposited ect.