Just curious if anyone uses this services and what the actually fees are Hi Shane,For our eCheck/ACH transactions, which are a debit from the tenant's checking or savings account the fee is a flat $3 per transaction for monthly and bi-weekly payments while weekly recurring payments are $2.  

Not only are you showing the credit reporting agencies that you're good with credit, but you're training yourself to not over-buy and ensure you pay your debits on time.

Also require online payment or direct debit, steep deposits such as 1st and last month's rent. 

The security deposit and pre paid rents should be transferred to the buyer at settlement and should be on the ALTA closing documents.

Prepaid items, okay, but def no more cash, and preferably not even closing costs.

That doesn't include any loan related costs (appraisal, origination fees, underwriting fees, pre-paids).  

Grace period ends tomorrow (Friday) I expect four more will pay then-- that's what they always do.Everyone else (28) has either paid or has automatic ACH debit scheduled for a date this week.Two tenants are bi-weekly and not due.

Since you are cashing out you could take a portion of the proceeds of the cash out and buy down the rate with prepaid mortgage interest/points as well as cover the closing costs. 

You should increase the rate and get a lender credit to cover all your costs, the upfront MIP, and all your prepaids. 

Whereas with an owner occupied home I do the check once and then they stay for years and years.Also tenants have no pride of ownership - so that means more work for me noting Park rules being broken and then pestering you about how your tenant keeps putting foil in the windows.Unless I had a severe occupancy issue I would not allow renters either, and would not do your pre-paid lot rent deal.