This protects you if the tenant tries to tell you that he prepaid rent for the next 6 months or he had a huge deposit on file.

I wanted to be hands on.And yet, those two houses costed me 6 figures from a raided prepaid renovation "reserve" when the contractor "went under" and left my projects unfinished and my accounts emptied.It was humiliating, and damaging.

A 2 BR or 3 BR townhouse condo in the same complex easily costs 3x - 5x as much to rehab if it has been neglected since the 1960s, while only drawing 1.5 - 1.8 the rent.The purchase price for the latest unit is $18,000, and closing costs including reimbursement of pre-paid property taxes will bring the total to $18,700.  

If online auction they will lose their prepaid $2500 deposit so this doesn't happen.

Usually $2,800-$3,300, then you add the prepaid items such as insurance, taxes, etc..I can give you the names of two lenders that can do the loan.

Do you think vacation rental company is obligated to maintain the trust account for guest's deposit and prepaid rents?

The other costs are your escrow fees/pre paid items, and it is marked that you are getting $5,135 back.

Do you have any pre-paid penalty on the loan you took?

Give notice 60 days in advance, noting that the last month's rent was prepaid at move-in.BTW: In Calif, paying first, last, and deposit is not legal;first + lastORfirst + deposit and the deposit can not be more than 2x the rentThat's water over the dam now, but you can start off correctly with your duplex.

  - In addition to transferring the security deposits, make sure if there was any sort of pre-paid last month's rent collected that it also gets transferred