You can also use your regular credit card or debit  card, download those transactions automatically for expenses and label that expense a rental expense for property #X so you can co-mingle personal and rental expenses if you aren't incorporated.

No real issue for a borrower except in getting that investor or lender to act, if you talked them into it, you can have responsibilities beyond the loan.Private lenders are not registered and can not charge points as points are pre-paid interest that effect the APR in TILA matters, state laws may have usury laws and pre-paid interest goes to commercial lending, meaning lending as a business operation where the lender is registered.

Erentpayment.com provides an authorization document which ensures the rent amount is debited from their account every month.  

Off-the-wall question for all of you who collect your own rents ...Is anyone using the Square point-of-sale device to collect rents via credit or debit card?

Specifically online debit or credit card payments. 

To my shock they had debited out the $300.00 but I never got the money.""

Our custom-made postcards are printed with the addresses handwritten and actual stamps (not weighted or prepaid postage).  

There were no adjustments for prepaid rent at closing. 

The only way I have heard someone to use TValue for escrow is to create a separate schedule with a zero interest rate simply to keep track of the debits and credits in an account.

Y points is the upfront cost of the loan (can be called origination fee or pre-paid interest).