Many investors chase the dollar and try to go into riskier areas.

The important thing is to stick to the lease, know your laws, and don't let bad behavior slip through the cracks, otherwise you will be chasing down rent payments all the time.

@Sy Mularz They are in 36117 area code, very close to East Chase mall.  

Quality and consistency of cash flow is at least as important as the quantity, and that comes from quality tenants, who want to and can afford to live in quality property, in quality neighborhoods ... it is ok if the property needs a bit of work to fix into quality, so long as the purchase price is discounted accordingly, but you can't rehab the neighborhood it is in ... cash flow does you no good on paper if you can't collect it in reality ... and even if you can collect, if you have to chase tenants all over the place to get it, it is just not worth the effort in most cases.

I use Chase for my banking and they have a great direct payment service call QuickPay.

Did you try Credit Unions or did you just apply at major Banks like JP Morgan Chase?

I'm also too lazy to want to handle D-properties, chase apartments in warzones, etc.  

There is a property in my neighborhood that has been foreclosed upon and is now owned by by JPMorgan Chase, but it's not for sale anywhere I can find.

Chase those down.

They look good on paper if you're chasing cash-flow.