First Lease Agreement

[Mark Smith]

I am looking at my first set of houses this weekend with my realtor, but before I jump into my first property I want to start getting my ducks in a row!  How to I go about drawing up my first lease agreement?  Of course I want it to be as solid as possible; any suggestions on items that should definitely be included?

I'm also curious how most investors collect rent.  I would like to do it electronically.  The thought of driving to the property once a month to collect checks, then bring them to the bank, seems like it would be a nuisance.

Thank you for any advice you can offer!