If I recall correctly, Rent Redi even gives them the option to pay using a credit card. 

Additionally, do you all generally use a smaller income criteria if the rent is inclusive of utilities? 

Additionally, the boots on the ground partner has to be extremely trustworthy.

There are a lot of market-specific issues you'll have to grapple with and also, there are plenty of landmines in MFR on its own in CT that you'll have to be ready for, in addition to the nuances and complexities of developing something like this.

Additionally, I have one savings account for reserves for all my properties, which I add to every month. 

I could buy a LOT of umbrella (additional liability) insurance for $13,000.

In addition, when you have leverage you have the other benefits which @Ali Boone mention.

Additionally, we have developed templates for tracking key metrics that we require our PMs to fill out weekly. 

Prices a few years ago were based on expectations of (in addition to interest rates staying low): - Then current operating cost assumptions (like insurance cost expectations being flat)- A seeming disregard for record levels of new inventory / supply hitting the market- Extremely high inbound migration expectations which are likely to not be met, due to both natural disasters and the boomerang effect when people from California or the Northeast move to the American South and hate every minute of the humidity, the large and relentless swarm of insects, and the occasional hurricane. 

I would say credit monitoring