But I believe that if you're not violating any terms, not in a restricted industry or involved with anything deemed risky by Stripe then you're probably safe.It appears their move to Stripe is for accelerated payment processing, which is interesting since they acquired eRentPayment and Payment Report.On surface level it might be they're adding Stripe as an option on top of their existing infrastructure.

@Ray HernandezI would reinforce what @Will Barnard said above and try to apply this strategy to both options.

If you're okay with not having any of those, then hey, they're an amazing free option that your tenants will like.Landlord Software:  Software and platforms designed specifically for landlords and typically have more than just rent collection.-  Pro's:  Additional functionalities, such as tracking maintenance, automated bookkeeping, screening reports, etc. 

They want an investor to have some serious skin in the game.The other option would be to wholesale this opportunity to somoene and make a few bucks to save so you have some money for a downpayment in the future.

One option is I can cash out refi one property that has $400k in equity. 

The home is expected to close in 1st week of Dec.Here are the options I'm considering:1.

Fine a seller financing deal 10% down interest only payments for 10 years 4% I/O with option to extend until a ballon payment.

If they reply back that that is not an option, I would not go forward.

As @Nicholas L. said, property management is always an option too if you want a full hands off experience but can afford it. 

@Kenneth JohnsonTo invest in real estate, build a strong financial foundation, educate yourself, network, start small with house hacking, FHA loans, and savings, consider creative financing options, build sales and negotiation skills, and have realistic expectations.