@Myriel Pita, you're in a seasonal business.

I met a future business partner at a live auction although it didn't work out.

She or he is themselves an entrepreneur, perhaps their exit plan is to get the business up and running, and then sell it somewhere in that 5-10 year window. 

Banks all state payments transferred within 24-48 hours, but reality is unless you both have same bank, it's 3-5 business days.2) Via BillPay check-You just need their name and mailing address.

We’re on the same page about wanting everything well-documented and on paper to protect both of us and maintain a business relationship.

This business seems very very shady.

VA has a one-time close product that we do a good amount off.

If you can get that main piece off in one piece, it could be re-cut.....but then you have to find a buyer who wants that exact color/style instead of going and buying their own..... there are so many cool products out there nowadays, even pre-finished.

I also use PayPal and Venmo.Some just deposit directly into my business account.I make it as easy as possible for my tenants to pay me.

I have managed my rentals on a very basic spreadsheet (poorly managed) and it is time to clean up my accounting and legal structures.Can anyone opine on a cheap and effective software for the accounting side of the business?