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Open Question: Apartment wants bank account number?

Posted by Real Estate Investor on Mar 31 | Real Estate Investing Chatter

An apartment I’m considering moving in to asks for your bank account number on the lease. The apartment’s management is actually off-site and you give the application to the super.
Would you feel comfortable doing that? Is that a common thing to ask for?
I might just black out the account number and provide a printed statement, but do they really need it for verification purposes? I’d rather not give it out.
(this would not be the same number on the check…I’m paying with a business check, not a personal check), more 
and Open Question: "Highest and Best" Offer on houses we like?  My wife and I are looking for houses out in Moreno Valley, California and have found quite a few bargains.
Our only concerns is that our Realtor is telling us to put our highest and best offer on ALL the houses that we’re seeing that we like. We’d like to stay around or below the 200k range and some houses we’re seeing are going for 150 – 175k. She’d like us to put 200k on ALL our offers so we’ll have a higher chance of our offer(s) being accepted.
Once we get an offer accepted she explained that the house appraisal will show us what the house is really worth. If the house is appraised at 175k and the sellers accept our offer of 200k, the seller would have to lower their offer down to 175k or our lender wouldn’t let us purchase the house, correct? So in that sense offering our highest price we’re willing to go we’re still ok and aren’t losing out on a lot of unnecessary money.
I have a lot of trust in my realtor but I wanted to get other peoples opinions on this matter. We’ve been in about 10 different offers on houses that we like but always seem to come up short because we aren’t always putting our “highest and best offer” on the table.
Also, does anyone know if the house appraisal takes in to account for imperfections of the house (holes in walls, doors that need to be replaced, broken/beat up cabinets in the bathroom/kitchen/etc)?
Thanks a lot for any advice!, more 
and Open Question: Would you lease a house to someone with bad credit?  We are reviewing a lease application from someone with a credit score in the upper 500s.
This is a young person who has had a good job a little over a year, and is making a nice income. The rent on our place is nearly triple what they are paying for their current apartment, but the income should easily afford our house.
Would you take this person on as a tenant?, more 

Open Question: Can my mortgage company lower my interest rate?  We need to refinance our mortgage to lower our rate but I was wondering if our current mortgage company would actually lower the rate if we ask?
We have paid a 7.9% rate for 10 years and have never been late on a payment but things are getting tight and our rate is incredibly high compared to todays standards.
Thanks for your help!!, more 
and Open Question: Should I refi my HELOC & Mortgage?  Senerio….mortgage combined with my second would take me to 82% loan to value in current market. mortgage is at 5.75 and HELOC is at 1/4 below prime. Should I go ahead and pay PMI for a couple of years and refi at an interest rate of 4.875 to get rid of my HELOC given inflation fears?, more