Larger Cash rents out of state

[Sandesh Shas]

Hi,

I was almost certain this would have been addressed before but possibly my search skills aren’t great and I couldn’t find straightforward answers.

I was wondering what are the different and recommended ways for larger fund transactions for things like rehab costs and rents for bigger multi units to and from a friend who is helping manage property.

The situation being, many of the tenants prefer just handing cash to the owner or property manager and the individual is not an established property manager and is only helping as a favor with nominal pay.

Wondering if there are straightforward and widely used options instead of the hassle of involving “property manager’s” bank account in between and them having to deal with all that - especially given its just a local help and not really an established property management company.

I am thinking something like straightforward cash deposits with whatever id/info needed with banks but looks like a lot of banks don’t allow deposits by non account owners.

May be cashiers check is an answer here but I was not sure if even that can be deposited by non account owners and might have to be snail mailed out to me.

Hopefully there are faster and easier options being used that I may have overlooked given the use case.

Thanks much in advance :)