This is a major processing platform used across the US which accepts legitimate payments from any banking institution. 6.

Quote from @John Williams: I recently bought a home that has an attached dwelling unit where Im planning to move in and rent out the main unit.

And as my core commercial banks understood that I doing everything i could to protect them.

At this point, I would recommend having a line of credit to cover these things so you don't have money sitting in the bank doing nothing when it could be put to work.I have 33 units, no debt except for mortgages, and excellent income.

Getting into real estate doesn’t have to mean having millions in the bank.

Get a bank statement to cross-reference their paychecks as most employers now direct deposit.You'll also see if they have a savings history or are living paycheck-to-paycheck.If they are not paying rent right now and have no savings, how well do you think they'll be able to adjust their budget, so they can pay rent on time?

If you want to put the deposit in a out of state/online bank, then you will have to furnish a bond.  

I then suggest setting up a bank account where there is auto pay.

Not the nicest areas, but nice enough.. and I would be looking for minimal cashflow, banking on appreciation. 

Bank loan How did you add value to the deal?