Try https://ipn.intuit.com/ This is only .55 cents and the tenant have their own portal to set recurring payments.Integrates with QuickBooks - you do not have to.

In a case like this, a small issue can develop into a major cash flow draining repair.Therefore, taking a preemptive strike, I would make regular inspections a requirement in writing within the lease and make sure that this  requirement is specifically discussed up-front before any potential tenant signs the lease.For the landlords/property managers out there, what is a reasonable, recurring schedule to do regular inspections on a rental or occupied property?

Let me explain:Sustained positive cash flowSustained positive cash flow means that rent consistently exceeds the total recurring costs.

You need to check your local residential rental laws to see if you would be impacted similarly.Assuming you want the rental period to remain monthly If your tenant wanted to pay bi-weekly as opposed to semi-monthly, I would insist that each payment remain $1000.00 to ensure rent for the month is payed in-full by the first.At the end of the year, you could carry forward the extra 2K accumulated to the first month of the next year.If his pay is going into a bank account, I do not understand whey he can not simply schedule a recurring {semi}-monthly payment to you for his rent rather than have his employer implement another payroll deduction {it is possible you would not be an eligible recipient}.

Bill Gulley : Our furniture provider builds in maintenance to our contract (and thereby their price) so we don't typically have recurring furniture maintenance fees.

And a recurring theme overestimating the available time and underestimating my commitments in any given day...

This will enable me to focus on my goal of acquiring buy and hold properties to build a consistent recurring income.

@Joe Fornasiero, you will have have capital expenses for larger items, and recurring maintenance for leaky faucets and such.

Due to high acquisition costs, I am limited in making the number of investment units I would desire, but do want to remain in touch with the market and generate a recurring revenue stream.

And recurring!!