And also, to Jon's post, I had a friend lose his earnest money deposit because his real estate agent wrote the offer as "cash" when it was financed through hard money.

But PM has been instructed to tell tenant we now know he lied, that he's been evicted before and that "He can go nicely and get his deposit back, or we'll immediately start eviction proceedings."

If they are getting benefits of any kind, have the benefit company/agency deposit the money in your account directly.If they are getting "paid" in cash, good luck.

It is fair to both, and they actually only feel one month because the deposit covers the second month (assuming they didn't damage the place).

He can make withdrawal after withdrawal and simply deposit the check into the ROTH account.

One of those is the security deposit.

Some I use ask for a deposit and some are paid at job completion.

Wholesale now and do a simultaneous closing.Good to go back with a contractor, but be careful on your timelines.HUD usually needs all the paperwork and your deposit back in 48 hours.

 #3 Allowing a tenant to pay a deposit via a non-profit.  

If they damage anything, I am afraid the security deposit is not enough to cover.