It'd be worth not having the head aches and huge repair/replacement costs.

They use ACH which TAKES the money from the tenants accounts, as is mutually agreed when the lease is signed.

Note that in general (*) all the above use ACH as the "vehicle" for monetary transfer.

Costs us nothing and if the tenant pays via ACH, it doesn't cost them anything plus it gives them the option of using a credit card to pay (with 3% fee to them).  

However, I am still waiting for my Feb rent, and it was not sent with the final payment, reason from ABC being rental payment needs to be ACH since it is from another ABC account.

Maybe when I have enough REI properties, I'll indulge in a classic muscle car :)

I will be looking into the local NW REIA's and would love any opportunities to provide muscle/rehab assistance/construction know-how to any other local investors who are on this same path.Thank you!

I'm working on my Florida lease and trying to figure out how to have generic statement in the lease that would allow for rent payment  options such as direct deposit / ACH transfer / online payment (Cozy, erentpayment etc...) ?

I don't have experience with QB accepting online payments, but I know for an extra fee you can send out invoices they can pay via ACH (I think) or Credit Card (although I believe Square is cheaper for CC).For 20 units, consider how much work you'd have to do to reconcile the payments (likely not much) versus what a full suite would cost you instead of just having tenant run direct deposit or employ a different company/system apart from your PM program.

But more importantly who can recommend a good FREE service for ACH transfers?