What do landlords actually do with security deposits?

[Matthieu Oliveira]

Hey all, I'm wondering what you all do when given a security deposit. Do you immediately put it in an escrow account or do you just keep it in your personal account? I've heard about landlords that pocket the deposit and then pay back their tenant when the lease is over- is this common? Overall, I'm curious what the community actually does.

Thanks!

[Dennis M.]

Immediately Spend it on malt liquor ,lotto tickets ,and Newport’s