In addition to setting up recurring monthly rent amounts,  you also have the option of adding credit or other one-time charges to their account (like utility bills).

For some of my older tenants that don't have internet, I have an ACH agreement form and I just set up the Buildium account with automatic recurring payments for them.

And free to you.You can also set up recurring payments with PayPal. 

One way to do this is to have your tenant pay is to use their bank bill pay online and have it as a recurring monthly payment.

Great for creating recurring invoices, generating balance sheets, general ledgers, & income statements.Wish you and your partner much success.

That amounts to 28 percent of the applicant's gross income, with no other recurring payments.Should I give the guy a break or find a more conventional tenant?

They can pay application fee, deposit, and set up recurring monthly payments.

That acct is going to go to $0 very fast so you'll keep having to top it off from your personal checking and savings accts, which just adds many extra steps.Whats wrong with having the tenants deposit rent into the same checking account which is used for paying the recurring expenses on the property?

Document the recurring incidences and the specialist should give you the steps to follow.

You also have the recurring costs of keeping the LLC open.Insurance is pretty cheap and makes for an easier life.Get insurance... do the right things by your properties and tenants to minimize any reason to sue you... and you're good to go.