Everything is done electronically and is very smooth.

. $15,000 is used for the down payment with the remaining $5,000 retained for any unforeseeable expenses, electronic rent payment system setup and inventory.

People replace the outlets without actually updating the wiring, so you could really screw up electronics if you think you’ve got a grounded receptacle but really it’s just had a facelift for convenience.

Ensure you have some form of electronic rent payment that can be subdivided between tenants, because no one under the age of 25 knows what a check is or wants to be the collector of funds each month. 

Anything electronic, then no as they will have the transaction recorded already.

Ok....The tenant is decent in the aspect that she pays on the 1st and she is a professional rentersecondthe tenant payment posted electronically to the merchant site and was processed however within 24 hours they stated they are unable to post the account as the tenant has an account but the merchant felt their payment was a liability and would not release it. 

Taxes - keep at least  7-10 years hard copy (or indefinitely if electronic)Insurance policies - keep current and 1-2 year's past policiesBank statements?

I notice each take a little different approach to renting out vacate units (photos, ad copy, websites, electronic lockboxes, on-site rep, monitoring response times,...). 

To that point, most mortgages are backed by the US Govt and most mortgages are paid by check through the mail or by electronic transfer which adds bank fraud to the charges (all of which involves the interest of the Feds.)

Alternatively, you can pay electronically, through the website Cozy.co (or Zelle or whatever).