I would always have tenant send in rents via mail or set them up for ACH withdrawal.  

Larger people with a lot of muscle mass tend to be slower and have poor cardio.

Affordable wire or ACH transfers Tell me how your SDIRA works.ThanksAndy Frank, Deerfield IL

@Clint Weir Because the bank account linking takes 3-5 days (ACH) we let investors know that they should start the process right after verification.  

But it's set up as a regular ACH processing through my bank.

It's $3/transaction or $10 for 5 and works using ACH instead of credit card.

The downside I have found is that you cant do ACH rent collection, which results in a fee.

Most plans have a provision that if you want to pay it in full, you have one chance by either sending in a certified check for the funds or by ACH transfer from your checking account.The danger with this strategy is if you separate from your employer (quit, get laid off, etc.) then the loan must be paid within a given period of time (30 days) otherwise the outstanding balance of the loan will be considered a distribution and you will be taxed on the outstanding loan balance and you will have to pay the 10% early withdrawal penalty if it applies.

If you did this for a whole month straight, you'd know exactly what to say to a money man investor once you found the deal of a lifetime because you've got analyzing the deal in your muscle memory! 

Leases will assign to the buyer as a part of the sale.The title company can usually help with rent prorations that come over during closing.After you close, you may not need to send a letter to tenants unless they are paying by ACH or credit card.