I bought both title insurance.4) HUD doesn't accept electronic documents.

I wish I can train my tenants to pay me electronically.

I was wondering does anyone use electronic transfer from there tenants accounts for rent?

I was wondering does anyone use electronic transfer from there tenants accounts for rent?

The monthly checks to investors can be electronically delivered in US dollars. 

It's the electronic form of the "check's in the mail". 

Because, they are going to have to be able to recite that info to the co-owner.Since I don't have experience on the contract end, I'll only speculate that you would be electronically sending the contract, which would already have the local owner's signature to the co-owner and having them electronically send it back to you with their signature.Not too complicated.

The appeal of this for me is I'm considering having my leases signed electronically as well, through DocuSign.  

Through the simple choice of making bi-weekly payments, as opposed to the default of monthly, we have cut 5-7 years off each amortization and reduced the amount of interest paid by thousands of dollars.Getting back on topic, we have used the carrot approach to convince tenants to move from cash to electronic payment (pay electronically and you save 5%), but have found the stick to be more effective in dissuading late rents.

I also heard that rentreporters.com allows you to report payments even without using the electronic service, however, I have never tried it.