It also allows you to use "ACH Bank Transfer" which is only $.50 cent charge - pretty reasonable.

But the decedent had a Ch. 13 plan that wasn't completed before he died.  

I would like to see more of my tenants with bank accounts use the free ACH method - but not one has signed up!

Let's use the 50% rule and get to $3,750Use the 1% rule and we get to a purchase price of $375,000 each.Now the simple multiplication of $375,000 X 4 = 1.5MSoooo, head ache and paint of 30 lower end (B/C class) tenants or 4 higher end tenants ($375K in DFW are very nice houses in good neighborhoods)?

We have been working diligently at transitioning all tenants into the 21st century with ACH payments and using an online portal for maintenance requests.

We have been working diligently at transitioning all tenants into the 21st century with ACH payments and using an online portal for maintenance requests.

Lastly, a lender who is not as familiar with the market you are buying in may not be as nimble with overcoming some of the more nuanced obstacles of that particular market.Case in point: I took my own medicine on this recently.

He has signed the lease and has initiated ACH payment for first month rent and security deposit.

I use apartments.com (formerly cozy.co) for rent collection via ACH transfer.

Collect rent via ACH transfer (using Zillow?