Maybe he was stuck due to anxiety or maybe too proud to ask for help.

Also, I think there will be more chances to fail and more time to recuperate if the money you put away for your first REI didn't come out as expected, specially with recurring debts, for a first investment. 

Convenient payment solution with traceability In most situation, you would use CC as your recurring expenses that you can pay it off on your monthly income/cashflow.Fixed LiabilityFor mortgage debt that has a long term maturity (25-30years), it helps to alleviate your cash outlay if you use it right.

A great biz for a QB wiz is to do an on boarding month and then a recurring retainer.

In addition to setting up recurring monthly rent amounts,  you also have the option of adding credit or other one-time charges to their account (like utility bills).

I get anxiety just reading your original post.It's always better to avoid any confrontations or arguments with the tenant.

Also, the anxiety and stress is added on to my pile so early out, but better to be safe than sorry with a good list of prospects by vacancy date.....

For some of my older tenants that don't have internet, I have an ACH agreement form and I just set up the Buildium account with automatic recurring payments for them.

Nick, I absolutely understand your anxiety.

Is there anyway I can setup recurring payments to a friend?