This can certainly happen from raising rents and adding profit centers to the property like storage units, but it is unlikely to keep pace with the 5% to 6% long-term average level of nominal appreciation for single-family properties.Further - Multifamily properties over 4 units require commercial financing, which is less attractive.

In my area, most general contractors will come bid a potential job for a nominal fee ($75-100, applied to the project if you buy and use them) and take as long as they need to come up with a detailed bid.

When we buy the cheaper/older properties that will nominally cash-flow 200+ per door, we assess what we need to do when we buy to bring the properties up to quick renting, more or less "trouble-free" condition.

The cost of UDFI taxation on leveraged real estate in an IRA is typically nominal, and will only slightly reduce the benefits of leverage. 

Can I officially be nominated for the dummy of the year on this one? 

.)- Cost (some services charge a nominal fee to process payments)- Ease with which payments can be reversed/chargedback by the tenant with some services (I’ve heard that this is fairly easy to do with some services, like PayPal)- Won’t work if your tenant doesn’t have a bank accountUltimately, I think the pros outweigh the cons and that electronic rent payments are a significant convenience for both the landlord and the tenant. 

The elimination of taxation on leveraged rental income is one, but keep in mind the tax impact in the IRA is nominal. 

If I went this route eventually I would probably charge a nominal fee of 500-1000 up front to get rid of the tire kickers and then just charge X amount for however many hours.

. - I nominate you to start a Maritimes/Eastern Canada-centric podcast!

Once you draw up those docs, you can even put the note with servicing for a nominal monthly fee and they'll handle all of the accounting, tracking payments, etc.