Below are some of the things we do.We do thorough background, credit and eviction checks.We have a 24 page lease that covers just about everything, and then some.We have a zero-tolerance policy on late fees.We pull periodic inspections.We try very hard to have our tenants pay rent online, or have ACH transfers completed for rents.Owners can log into a website and run reports, look at late rents, etc.We have move-in sheets we have residents sign, and we also shoot move-in and move-out videos in 1080p/60FPS(Gopro Hero 3).A lot of times you will find better profit in SFH's..

The ACH transfer takes a few days. 

We allow tenants to pay with credit/debit card or a checking account (ACH payment).

They get a flat % interest rate and just get a check in the mail or ACH from us.

I have the next 10 weeks off and I have the hustle, muscle, and desire to work and bring value to someone who may or may not be looking for some help.

Anyway looking for a bank with low fees and no charge for incoming wires or ACH deposits. 

Also I would start looking for guys who's wife won't let them get a cabin/muscle car/New BBQ deck etc until they get rid of their pontoon boat.

First off, in my area, abandoned homes are in rough parts of the city, and while buying them for next to nothing seems appealing, I bet there is a long list of head aches in dealing with these types of properties; some need extensive work, and after you've put that in, say a roof, interior and exterior paint or repaired siding, broken or non functional windows, etc, etc, etc, will you ever get it back?

I believe to accept rent, it's $30 / month plus $45 setup fee and 50cents per ach transaction.123landlord.com charges about $22 plus 25 cents for each ach transaction.

I like the ease of setting up ACH payments through our own branded website, and the accounting isn't too difficult once you get the hang of it.