I got discharged from a Chapter 7 in August, Want to know how many years do I have to wait to even remotely think about investing and actually making money? Currently have 30K saved up and building my credit back up.....

ACH is offered by many banks. 

For those of you with experience using online payment systems that use ACH, such as cozy, appfolio, etc:On our contracts, rent is due on the first, but late fee is only assessed if paid after the 5th.

I'd look into ACH instead - automate everything.

Find an ACH service that debits their account each month for rent.

The problem is the banks only take debit or ach.  

Of course that does not apply to law/medicine/engineering and a few select others.... 

Tenants wanting to wait a room a different color isn't unheard of but I've yet to meet a tenant that's aching to spend their own money on a kitchen rehab.  

You can keep the property in your name and have tenants do direct ACH deposits into your account.

If you can't hold on for long, then you probably have no other realistic option than sell and take your medicine, which is going to be pretty painful - you're going to have to recapture all that depreciation which means you'll have a hell of a tax bill at the end of all of this, outside of what you're losing.