Their umbrellas are cheap but the auto is hit and miss depending on many factors.

The median auto loan payment in the US is $471 so you're certainly not alone.

As are the higher costs of home and auto insurance, property taxes and city income taxes.There used to be a valid concern about where to shop in Detroit, but there are a lot more options now for groceries, clothes, restaurants, bars and entertainment than there were.

Once you subtract out fees from the gross rent deposit QuickBooks will "auto match" it to your bank feed as Cathie mentioned. 

Detroit is still heavily tied to the auto industry so when the auto industry is doing well, real estate is as well, but when the auto industry is laying off, real estate gets hammered.  

Auto deductions are based on business use of the vehicle, plain and simple.

We have just been using private money because I gave up on the banks auto denying lines simply because we are in the real estate industry.

Check with your home or auto insurance agent first. 

Can tenants pay with auto-withdrawal?

Here's the property:$1.1 M purchase price9 units totalx4 0/1 studios (low rents for area)x1 1/1 (empty needs to be gutted and rehabbed)x4 small Retail spaces 500 SF each - (street frontage, charming area, mainly residential but on a street with some retail, theres a significant amounts of foot and auto traffic)$600k down with $500k loan (this is due to the property being mixed use and the empty spaces) for $1.1M total in.GSI is currently 60k but could potentially be 100-110kI think it could be appraised for $1.3-1.4 after it's been renovated, rents raised, and retail fully rented with long term tenants.The problem is 3/4 of the retail spaces are empty and one studio needs to be gutted and rehabbed.