I seems like you could handle that through the title company.Maybe a pre-paid visa debit card?

If it were me, I would recommend she use a debiting service like ClearNow to collect rent.

So, you should figure another 2% or so for closing costs.You will also have pre-paids that you will have to pay at closing.

Well, let's say the house as appreciated a bit and Bill and Diane built a deck and fenced in the backyard, so the value has increased to $550,000.Jane nets $502,000 ($550,000 - $2000/month x 24 months), or about $27,000 more than if her agent had sold it 2 years earlier, plus her mortgage has been paid down.Bill and Diane have already paid $24,000 toward purchasing the house ($12,000 in pre-paid rent at the begnning + $500/month x 24 months) so they owe $526,000.

That’s the downside of collecting online, credit card, debit card etc... they can reverse funds on you, but they can also bounce a check too.

Get them set up on auto debit.

You can use your $10k for FHA 3% down, negotiate with seller to pay up to 6% of purchase price towards closing cost, prepaids & propery tax & ins escrow.

There is a quarterly adjustment to the prepaid utilities.  

Besides, as I've said before, it's 2019, who doesn't have access to a debit card? 

Don't overspend, but use it instead of cash and debit cards.