I never thought about legal perspective, but there are so many electronic way to pay rent now, I am just not a fan of receiving checks.

Last thing I'd suggest is to check with your state to see if it's OK, but as long as it is, have your tenants pay electronically or direct deposit.

I was thinking to myself that I should create a tabbed binder with sections for tax returns, bank statements, and a section for each property but I thought it may be a waste of time because everything is electronic. 

You would have to also work with an agent or broker that has a NAID which basically means they have the ability to submit bids for you electronically on the hudhomestore.com website.

Nice blinds (not mini blinds), ceiling fans, Wifi thermostat, electronic deadbolts, hardwood/vinyl floors. 

And the way I see it, she pays for her indulgences (shoes, food, clothes) and I pay for mine (DJ gear, electronic gadgets, computers).

Electronic fax subscription so I can fax docs during the day if I have too.4.

Then, I'll e-mail the both of us copies.Any problems with electronically signed leases?

Me, mine are all done electronically.

Worst case, budget about $25 per every 3 hours of courses)- NAR costs (some brokerages may require you to become a "REALTOR(tm)" and there are costs associated with this; our brokerage doesn't require it so we aren't REALTORS(tm)In addition, there are costs associated with the tools you'll need to actually sell houses (signage, electronic lockboxes, etc), but those aren't needed if you are just buying and not selling.Now, some brokers will require "office hours" where you'll have to be in the office to answer phones, some will require minimum number of deals per year, some will take up to 40% of your commission, etc.