It seems you are falling for the alarmist rhetoric you’ve been reading and watching online.

In my experience, most of the online calculators are just taking an educated guess for you.

And only listen to multi millionaires IN THE GAME.

Jackie has a good point that much of it is free on line.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Finding ways to recycle cash/buy equity is the name of the game.

The best way I have found to learn is to be in the game. 

I’m always looking to implement best management practices so what can I, as a landlord, do to protect myself when accepting online payments?

That is the thing about the game we are playing....every job is diferent and you can count on absolutely nothing.

This can be a game-changer for fix-and-flips, buy-and-hold investments, or new development projects.For lenders, it can mean earning higher returns, often in the range of 8-12%, backed by the property itself.