The site also allows tenants to pay with ACH for free or for a fee, the tenant can pay with a credit card. 

Then another thing I see coming down the pike is the credit card debt.

It has been discussed in the main BP podcast as well as the Rookie show.

Listen to the Bigger Pockets Real Estate rookie podcast... you wont understand everything at first, but soon it becomes like your own language.Meet people in your area... network.. tell them what you are interested in, you will be so surprised that people will show up to help you.Avoid the gurus who ask for money, PRO membership here gives you access to the webinars and calculators you need to make it make sense for a newbie. 

You may also want to look at a cash out refinance to eliminate one or more Heloc or a few credit cards to lower your DTI and outgoing monthly debts.A heloc is a risk since its an open end mortgage like a credit card which carries a higher risk versus a 30 year mortgage. 

I'm on Lane Kawaoka's e-mail list and I always think about striking out for something, but wondering if its worth it or if it can turn into a house of cards...

Hey Harrison,I have almost two months or so in this real estate wholesaling journey (which basically makes me a rookie as well) and also graduated from college back in April from computer science, but I can tell you that this industry is much more appealing due to its potential.

These can be paid by credit card or bank transfer.

That typically results in a higher payment and an open end mortgage (Credit card) versus cash in the bank that can act as an Asset and PITI reserves where a Heloc cannot.Feel free to reach out if you have any questions, I enjoy helping and talking REI.

Some of the projects were with a local partner as well and then the managing chores were split between us.The lending perspective was stiff in the beginning, as I didn't have any experience at all, also no credit score, and that project was only by myself, so the leverage was low, but I could work on a low-price property to start.Fast forward 5 years, I have built a credit score with 2 credit cards under my ITIN of more than 650, and done 4 properties as experience.