Looking forward to reviewing these options.Here's the PA law: https://clsphila.org/housing/security-deposits-in-pa/Any bank account will work.

I don’t have any legal advice, but maybe some helpful perspective.When we return security deposits, we write the check to all tenants on the lease, such as “Tenant A or Tenant B”.

It does sound to me that a lot of that work should have come out of the tenants security deposit 

Traditional bank loans can be slow and have strict requirements, while hard money and private lending seem to offer more flexibility.For those who’ve secured funding before, what’s been your experience?

Now, I'm imaging a scenario when every one of these tenants move out that I'll be paying their entire security deposit + interest even if there are damages beyond normal wear and tear. 

Here's the deal: You don't need to withdraw and return the current security deposit just to collect the additional $100.

.: Maybe someone can educate me on the actual uses and mechanics of using a substitution of collateral clause (aka substitution of security) in a loan when you are the borrower.

@Brady Bitter First what are you calling "securities"? 

Local investors can now get additional discounts by moving up the food chain and buying as notes and, on mortgages secured by vacant properties, utilizing the preREO strategy to generate revenue during foreclosure process.

Yes, you can deduct the 8 days rent from the security deposit.