Yes you’re missing that a LL is not required to joint the S8 program therefore cannot legally take S8 payments without getting the property inspected approved and qualified by a S8 inspection. 

Read this threads on partnering: How to Effectively Conduct Joint Venture Agreements as a Real Estate Investorhow-do-i-properly-construct-a-purchase-with-a-partnershiphttps://www.biggerpockets.com/forums/51/topics/591...Taking-on-partner-s-and-limiting-our-liabilitesQuestions-for-capital-partners/Real-estate-partnership-questions/And here is a diagram to help guide you on this quest - talk with @Scott Smith to get implementation details:

But if this company screwed over that many owners to that extent, the owners could theoretically file a joint UTPCPL complaint with the Office of Attorney General or the State Real Estate Commission.

I respect the hustle, but you may just find it not worth the head aches in the end. 

Ie 150 and under.. because values are all over the joint. 25k all in rehab for a duplex with all that work is a job well done.. in todays price points .

Options above and beyond that are ACH, 3rd party platform like Rent Manager, or some thing like PayNearMe. 

@Christian Nachtrieb I don't do the collecting, However all of my properties that require an HOA payment collect from me either via an Automatic withdrawal (ACH) on the 1st business day of the month, or I personally do a monthly electronic transfer into the HOA bank account.  

If I was pursing this myself it would be much simpler but my first purchase will be a joint-effort with two other friends.

I would look for properties to buy with seller financing or joint ventures.

., Sub-Chapter-S Corp, IRA, LLC-Limited Liability Company, Individual, or Joint Venture Partner prior to COE- close of escrow" Is inevitably KICKED OUT or IF an attempt to ASSIGN the Buyers purchase agreement is requested - the Banks / REO lenders are saying the agreement and its time line will have to commenced from the START Anyone using a cool trick to deal with the restrictions to ASSIGNING a BANK OWNED property thru Escrow ?