Being out of state, it doesn't work with my business model.The options I have considered:My thoughts are that the tenant gets a money order every month and physically mails it to me.The tenant directly deposits into my account at the bank (is there a way to do this without disclosing my account number?)

I work out of state so have not physically seen the property. 

Having $50k now taxed aggressively may very well be better than having $50k accumulated over 15 years from owning rentals. 

Commercially though the loan is backed by the physical property, but ive seen it done both ways, just double check with them.

It could very well be abandoned. 

Hi all, I am in feasibility period and walking through every unit for physical inspection.

This best practice is no different than if you receive a physical check from a tenant.

But I am also witnessing as well as organizing a newer more scalable model providing for a more cloud-based, remote, less-than-full service--model that is appealing for a large amount of investors and property owners who are interested in receiving many of the traditional services (rent collection, bookkeeping, leasing, noticing, maintenance coordination, answering phones, etc.) but who would be willing to pay about 1/2 the monthly fee in exchange for participating by physically being present to allow access, showings, servicing notices, etc.

but first,  seek for mentors who are not promoting their mentor ship program, who are trying to make money and may not care about your well-being.

The internet is not one physical location but an amalgamation of locations whereas real estate is a specific place in the universe.