@Eric Tinsley  this is why @Travis Sperr advice is spot on a local HML is who one should use.. they know the market the best.plus1. they will keep you from buying a dud n ( because they won't lend on it)2. you build relationships with a local.. not some internet company3. the will keep you from buying a dud  I might have repeated myself here but it can't be understated..I can tell you I have saved many a would be borrower heart ache by refusing a deal and then politely pointing out why its not a deal. 

Essentially you pay them (plus a 3 percent fee) and they ACH pay your mortgage. 

@Jessica SeifertHere are some general considerations:If you want access to bank checks, a debit card and/or the ability to ACH funds out, you will need a bank, credit union etc. rather than a brokerage.

Three evictions in 17 years, rent collection is automatic via ACH, maintenance is always preventive so late night or emergency calls from tenants, etc.I have recently changed to having only one group showing a few weeks after the current tenant gives notice that they are moving out.

I'm familiar with the head aches that can sometimes go with an investment purchase, and am definitely sensitive to that. 

@Thomas Townsend The achingly sad part of this is that there might be users on BiggerPockets that use your product, have a free version, have the paid version and absolutely LOVE it.  

You don't have to provide any banking information until you're ready to receive rental income via ACH/direct deposit.

(IE still accepting cash payments at their office or taking paper checks over ach debits)  But you also dont want to just kick to the side a PM company that is actually doing a good job.

We don't want that - we want payment to come out automatically every month.We make it clear in our lease agreement that the stated rent amount is for auto-pay, which can be ACH thru our bank, or electronic payments thru eRentPayment.com.

Thanks--so they have a login to whichever bank you use and confirm that the ACH transfers have taken place?