It is going to ACH from their checking account when ever they loin and pay.

He told me that the property rehab was complete, pics would come shortly, and that tenants were lined up for 1 Nov.20 Oct - Received emails from Nicole and my new property manager with ACH forms and a property management agreement.

Unfortunately, sometimes it is best to take your medicine and sell at a lost.

In this scenario, rent is automatically transferred from the tenant's bank account to the landlord's bank account on the 1st of every month via ACH transfer.

I hear so many differing opinions on the matter it is a head ache to try and sort them all out!

Just checked my bank account - my rent ACH just hit, completely passive and hassle free - and it was massive.  

Then upgraded the inside of the units with appliances to stainless, changed cabinet fixtures, new doors locks, lockings mailboxes, bathroom fixtures (lights, vents, vanities, medicine cabinets, etc), and applied high gloss to the hardwood floors.

We are thinking to switch to other PM software, since TC only has one way to pay out through ACH but we are still growing.

As far as funding time frames go, ACH payments can be slower as they are dependent on the actions of both the tenants' and landlords' banking institutions (which vary from bank to bank) as the funds move from one to the other.

This software has some hidden fees in ACH transfers, which are charged to the property manager for every ACH transfer a total of $.50 and could be more depending on the days it takes to transfer.