Airbnb has RARELY given straight answers on how security deposits work, until today. In this airbnb tutorial: Airbnb hosts, here is a series of emails i received from airbnb directly on security deposits and host guarantee payouts. What deposits can be used for, (what you cant) and more.

HERES THE LINK SO I CAN FIND YOU
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Renting apartments on Airbnb is much different than a hotel. A hotel can keep a card on file for incidentals. Your Air bnb listing can advertise a security deposit. But it isn't as it seems. You don't actually get to charge and hold the money. In addition to facts about security deposit, we got a lesson on airbnb fees, fees you can collect and when air b&b won't enforce your house rules fees. We then discuss the airbnb host guarantee as a safety net for when the security deposit doesn't work. LOTS of information in this airbnb business tutorial.