I am reaching out to the group to get some thoughts on automating my processes.

Does anyone know of a technology for automating the extraction of email addies from received emails to create a mailing list?

Direct deposit works fine but keeps the tenant in control versus an automated system that you can control.

One problem with not re-keying every transaction is your lack of automated documentation and history should you choose to change management companies and/or if you get sideways with them.

I try to automate the more tedious tasks of my business and collecting rent is one of those tasks.

.- Rent ($500/mo)- single with no kid- person A is interested in doing a coding bootcamp ($5500 cost) and find a part time web development job in the future; knowledge from coding bootcamp can also help person A to gain knowledge with automation in his current W2 job- Does not own any business, but sometimes would talk about side business or investing opportunities over dinner table with friends and family (average cost for those dinners per month $300)- Share a name with his mom on a residential property while paying $9000 property tax per year.Here are some opportunities for person A:- 18,000 contribution to 401K- 5,500 Roth IRA or SD Roth IRA- maximum 25,000 rental real estate loss- purchase rental real estate with mortgage and take depreciation and property tax and other fees for rental real estate investment.- tax lien investment- open a LLC- Real estate opportunity in Bangkok or Manila (USD$50,000 for apartment, 0.5% rent to price ratio); foreigner can only own condo, not land- Real estate opportunity in Malaysia (USD$80,000, 0.5% rent to price ratio); foreigner can own land- Real estate investing opportunity in Brazil, Greece, or etc.- purchase land through tax sales, find construction company to build and rehab houses.Here is an example of basic tax liability for person A if he does not participate in creative investment activities using 2016 tax rate:Salary                                                         70,000401K contribution                                     (18,000)Roth IRA                                                            -Property tax for Primary Property               (9,000)Bootcamp as miscellaneous deduction      (5,500)Taxable Income                                          37,500Tax Liability (932.5+15% over 932.5)       6,417.63How would you add or modify this sample strategy to help person A to lower his tax liability and turn it into investment fund?

Some investment in automated locks, a good communication and guest on-boarding process and a very reliable cleaner will allow you to manage this from afar with little to no issues. 

Currently, I've set up:- Digital rent collection via Cozy- Separate bank account to manage all finance (personal for now)- Automated phone service with triaging capabilitiesLet me know the systems you've set up and how you suggest I move forward.

It seems this whole thing could be automated with little to no administrative costs, and any costs that are incurred can easily be offset by revenue from fines.

I have never used any of the automated payment methods so I am following this post myself to see what comes up.