What you really need is automation throughout the Rent Cycle, Vacancy Cycle and Maintenance Cycle. 

Tenant owned homes tenants can be trained to use rent payment systems that automate collecting rent.  

My experience has been that they give the best rates, and since everything is automated it really comes down to you responding to their requests, rather than the expertise of your loan officer.

And my wife and I made an automated $25 contribution monthly to each of their account.  

I'll write every address out if I have to, but maybe someone on here has automated this process...ideas? 

G'Day BP Fam,We have been buying between 5-10 properties per month in Toledo for 10+ years now.Lot's of those acquisitions come from direct mail through Yellow Letters Complete.It's a fairly automated platform where we purchase the list, choose the type of letter and they send the mailers.Our back end picks up the calls, schedules walkthrough's and negotiates, etc...I haven't been too happy lately with the lists and conversions.Thought it was us and tried tweaking our backend and reviewed our processes, etc... 

ANDWhat have you done to automate the system?

Use listsource to find cash buyers, use click2mail to market to them, and use an automated calling system to screen potential prospects.

Foreclosure costs have been greatly reduced due to heavy competition (more players than ever before) and also due to automation.

I would recommend a PMS system to automate your messaging as well as a dynamic pricing tool at a minimum.