I'm open to other creative methods such as Cash App, Paypal, etc. ... but I believe that they charge for automatic ACH payments.

I can set up the rent payments, collect them into easy-to-create bank accounts, and then have the system automatically categorize those payments for my Schedule E at the end of the year because Baselane already knows what each of the payments was.

By splitting out the rental, voila, now you have rental losses which are automatically aggregated with all your other rental activities and are non-passive, even if you don't materially participate on it's own. 

Far better to have a list that is continually, automatically, updated for you.

Authorizes the landlord or an agent of the landlord to confess judgment against the tenant in any action arising under the rental agreement.A Wisconsin residential rental agreement is prohibited from including a clause that says that the tenant authorizes the landlord to automatically take a judgment against the tenant and that the tenant has no right to defend against it.6.

LLC will NOT just protect you automatically, and the veil can be very easily pierced.

It can automatically shut off the water if there's a burst pipe.  

We've had really good bang for buck value with Zumper as far as ILS goes.We also bought a matterport camera and create a virtual tour of each available rental which creates a nice interactive way for prospective tenants to see a space and get an idea for its layout before touring.We use Appfolio for management software and it pushes the listings automatically out to any ILS who will listen which has been a huge help not having to list the same property on multiple sites. 

The catch is that if the buyer fails to make payments, then the property automatically goes back to the seller. 

Most leases automatically convert to month-to-month.