I haven't had a single issue using this method, although I acknowledge the close proximity of all of my units to the bank does help.Hope this helps you and anyone else looking for rent collection ideas!

@Jay Hinrichs, I acknowledge that the rules (standards) for forum posts are different than for other transactions.

Also I would suggest you create an itemized list of what you will deduct from the security deposit that they have to sign and acknowledge of these fees, if you would like what we use or anyone would simple message me and I would be happy to share.If you decide to go down this path I would make sure you have full disclosure upfront, and also I would discuss this with your real estate attorney to have them sign off that you are not violating any laws or have any tax implications on this matter related to your state tax or federal tax laws.

No city or town is exempt from crime today and Tenant acknowledges this.  

I have made mistakes here and I have also acknowledged them.

So, with the new lease we got the move-in inspection done and had him sign a document regarding how the security deposit would be handled, so we are all good there.I fully acknowledge that I am making some mistakes, but I am learning as I go on this.I will likely try and ride it out a little while unless there is some new large issue or he keeps leaving that door open.

It's good that you are acknowledging the possibility of burnout. 

The agent acknowledges the seller's goal.

The first thing you do is to acknowledge that lot rent and POH rent have nothing in common, and break the park into two business components: 1) real property (lot rent) and 2) personal property (POH rent).

Before you acquire the property in Indiana - you have the option of registering the LLC to also do business in Indiana or to create a new LLC in Indiana.Please also acknowledge that Tennessee may have an LLC franchise tax.