. $60 annual fee waived first year, 4.46% APR w/.2% discount for ACH payment via a Huntington checking account and .2% discount for initial $25k draw = 4.06% adjustable.

They have an automatic payment, or the renter can pay with credit card or ACH payment.

ACH/Online payments.

For a safe pair of hands with massive muscle to back them up you cannot compare Memphis invest with any other player.  

When you are investing out of state, going with a provider is the best way to avoid some head aches.

Needing a $100k may be 5 days of cash-flow for someone like Grant, but that's a high enough number to scare most of us from ever getting started, me included.Sacrifice and exercise your saving muscle to prevent schemes and scams, shortcuts and bad partnerships.  

On the flip side, I've seen posts that show investors like when their PMs have good technology re: online owner portals, seamless ACH or whatever type deposits, etc.Hope that helps!

"- It is my understanding that any and all services that use ACH/EFT billing (Google Wallet, Paypal, Venmo, Cozy, ...) leaves the landlord at the mercy of the tenant, as the tenant can reverse charges simply by claiming that the ACH debit was not authorized.

As an alternative, would it be legal to require your tenants to pay via ACH bank transfer every month with a substantial penalty if the have insufficient funds?

This software has some hidden fees in ACH transfers, which are charged to the property manager for every ACH transfer a total of $.50 and could be more depending on the days it takes to transfer.