If you keep asking, they'll find something to belly ache about just to make you happy. 

Most property management software solutions are going to include ACH payments and some even have cash payment options where the tenant pays at 711, Walmart, CVS, etc and it electronically deposits into your account.Here's some software options that I commonly see recommended on BiggerPockets.

Remembering that one said that he would collect check or cash in person, and even though the tenant wire/ACH rents, he would still handle over the receipts to them, just to walk thru his properties periodically, not only inspect the properties but also get information about his tenants.

Setup ACH through Chase with a business account.

They begin to trust you with every on-time/early mortgage payment- I always set the ACH a day or 2 early. 

Set them up on ACH transfer where you’re the one pulling from their account.

The BK will wipe out any liens or judgments against him in a chapter 7.I am assuming he is filing a personal BK and not a business one.Many times there are personal guarantee so attorneys just tell them to do a personal chapter 7 which will wipe everything out and start fresh.Student loans,child support,and certain IRS taxes etc. cannot be wiped out by a Ch 7 BK.The one thing you can take comfort in is this guy better not lie about his assets and liabilities to the court.We just had a real estate broker here from Atlanta that was sentenced to Federal Prison for lying to the court.If your guy sneeezes the worong way he will go to prison.No legal advice.http://www.justice.gov/usao/gan/press/2011/03-09-11c.html

Dr) 175.00 LOCKS Replace key 5.00 Replace door lock 47.00 Replace passage doorlock 28.00 Replace deadbolt lock 47.00 GENERAL REPAIRS Replace refrigerator shelf 25.00 Replace stove/oven knob 16.00 Repair ceramic tile 150.00 Replace countertop 275.00 Replace cutting board 40.00 Replace kit/bath cabinet knobs 10.00 Replace mirror 45.00 Replace medicine cabinet 85.00 Replace towel bar 22.00 Replace tub/shower enclosure 195.00 Re-grout bath/shower tiles 165.00 Repair porcelain 135.00 Replace thermostat 75.00 Replace fire extinguisher 35.00 Remove junk and debris 250.00 Replace doorbell button 5.00 Replace doorbell unit 50.00 Replace Garage door (each) 525.00 GROUNDS / EXTERIOR Major yard Cleanup 425.00 Minor yard Cleanup 225.00 Mow lawn front and back 50.00 Clean gutters 185.00 Trim bushes 20.00 EXTERMINATING Exterminate for cockroaches 550.00 Exterminate for fleas 375.00 

What do checks, ACHs, and wires cost, because remember you're going to have all your expenses paid for by the IRA which means you need to request monies out, unless you're looking at doing an IRA LLC which is a completely different conversation.Then all you have to do is decide what the best fit for your situation is.Let me know if you have any other questions, I'm always happy to [email protected]

One thing I like about the one tenant I have on S8 is that the rent is ACH deposited into my account usually before the 1st (on the 31st!).