Ideally tho it good to have at least 6 months of reserves in terms of overall mortgage payments.

Quote from @Miki Jovanovikj: Hello BP community, does anyone have a good referral for a foreclosure attorney in state of Florida due to a buyer defaulting on the payments.

It will behoove you to have a couple that you trust in your backpocket. 

Trust me.

I can have them just setup an ACH for the monthly payments, etc...but I feel like this would be easier with some automation, and there just must be something that's already setup for this.

I would walk the property (if you can) with a trusted contractor, but get the opinion from several. 

It has been about 15 days since I sent the first bills and I have not received either payment yet.

With such low rental yields, the return on investment (ROI) and cash-on-cash (CoC) return are negative when factoring in mortgage payments only, not including any other factors.In this market, it seems almost impossible to make a profit using traditional rental property investing strategies.

They don't tell you the whole truth of trusts and llcs really work.

Our payments are around $950 and the local rental rates are near $1500.