I love the 1st and 15th

[Michael Hayworth]

I love waking up to find money dumped into my account. And I love having all my tenants  (except a few I inherited) on autopay. As a landlord, it makes life much easier just having the money automatically show up in my account, rather than depending on the mail, or on tenants to show up, then handling checks and cash.

To new landlords: people are often surprised how much work this business involves. Wherever you can automate things and cut out wasted time or inefficiencies, do that. We just tell all tenants who want to apply that the rent in the listing is for autopay, and if they want to mail  checks or pay cash, it's an extra $50/mo. No one ever wants to do it the hard way. 

Your state or city laws may vary, etc. etc. It's probably illegal in several blue states. (I'm surprised that even collecting rent at all is still legal in some states!) But wherever you can make your life easier, do it!