Why tie an anchor around my neck and also give myself all that potential financial anxiety and stress?   

Many sleepless nights and anxiety filled days to get these properties off the ground .

My question is, what are you guys doing to set up automatic/recurring payments to ensure you don’t forget to send the check every month?

Enter recurring charges and automatic late fees.

Just curious if anyone uses this services and what the actually fees are Hi Shane,For our eCheck/ACH transactions, which are a debit from the tenant's checking or savings account the fee is a flat $3 per transaction for monthly and bi-weekly payments while weekly recurring payments are $2.  

They also effectively limit use of security deposit and last months rent by requiring landlords to offer interest and penalty free payment plans for those costs if they exceed 25% of one months rent.BEFORE they limited use of criminal history and passed some of this other stuff my standard screening process was to verify income 2.5x rent,   verify prior rental history or acceptable co-signer,   verify payment history of recurring bills (cell, utility, etc)   and verify no evictions or serious/recurring criminal history.   

Once the tenant is in the property of course they request a dog (for emotional support due to their anxiety), owner says no...they later come up with a letter from a therapist (someone who has yet to return my calls) and in the letter it states according to the FEDERAL Fair Housing Act, you cannot prohibit someone with an ESA from living in the premises and having the animal.

I went through a local bank that I had established a relationship with when I refied my primary residence.The anxiety I experienced through the process was entirely my fault - it wasn't that big a deal.

So am spending some time reading about that, but am learning that part of overcoming that anxiety may just be in the doing of the thing.

The location works well for me, but I actually have a recurring meeting on the 2nd Wednesday of each month as it happens....