Does anybody know of these types of accounts where there are lower charge rates? Lowest I have found so far is through Square at 2.75%.

I use Quickbooks Desktop and use the Intuit Payment Network (IPN).  

You confirmed what I intuitively knew to be true.   

@Kyle Hipp With ~$75,000/yr in tuition and fees and an additional ~$25,000/yr in student loans for living, its pretty easy to rack up that much student loans. lol Taking on extra shifts is definitely something I'm thinking about.

I can intuitively understand MF properties because I've been a renter before... leaky faucets, toilet needs fixing, etc.

I didn't read all the responses but I figure I will be a little counter-intuitive here.

It sounds like you have some pretty good tenants.If your tenants are internet savvy, you could offer Intuit online payment.

It's not super intuitive.

Quickbooks is great b/c not only does it allow you to collect rent, but also:- Provided by Intuit, a brand name that most tenants have heard of and therefore trust- Integrates seamlessly with your overall accounting, so you keep clean books/tax records.- Allows you set up recurring transactions so you and your tenants never forget.

This might be counter intuitive, but get aggressive with your retail investors.