I think that if the carpets are dirty enough they need cleaning that you should pay a professional with a truck mounted system and deduct it from the tenant's security deposit.

My deposit is less than 1/2 months rent-- about $200.If your deposit was under 1/2 month rent, would you do how I've done and collect both upfront?

We used to allow pets (w/nonrefundable deposit) b/c we were nervous it would lower our tenant base also.

My issue is, if I deduct it from his deposit and he contests it, I will have to prove to a judge with absolute certainty that he did this.

On the topic of these Chinese bank accounts, they are not for us, actually.For us, there is really no need especially the max annual amount you can deposit is only $20k US....

I gave a $1 deposit, I am going to assign the option to my end buyer.

How much of this would you pay attention to versus attributing it to tenants who were just unhappy in general with deposits not being returned, etc?

Ok, I get all of the above except the part in the last thread about the "Purchase Agreement"...whenever i bought properties from Wholesalers, the Purchase Agreement wasn't signed by the seller and Wholesaler until a Buyer's deposit was put into Escrow...

Then deposited earnest money and proof of fund to the closing company.In that standard contract form, there is special provision section: "This is a short sale and all parties here-in understand that the existing lender must approve the sale and contract to close.

  Purchase offer and emd deposit required before inspection .Buyer shall have 7 days for due diligence after accepted contract  Proof of funds required