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Updated over 4 years ago, 05/14/2020
C class multi family rent collection
I am soon to close on a multi-family property in a c-class area near Kansas City. Currently the tenants take their monthly payments directly to the bank for deposit. I am aware of the methods of payment that different property managers prefer. But I am curious whether the type of neighborhood/tenant plays a role? Ideally I'd like to have them set up autopay, but sometimes some people don't have bank accounts. Or perhaps I make it a requirement? Curious what my fellow BP friends think.