So my friend (business partner) and I are securing capital by selling our collectibles.

I do agree with you being able to simply collect and no do much.

Similar to touchstay but it lets me collect guest emails prior to accessing guidebook.  

Quote from @Bob Stevens: Quote from @Henry Lazerow: In higher crime areas you can still find 1% but it comes with less actual rent collection/costlier issues.  

We have lots of automated processes - All online rent collections, inquiries, signature requests, and late fees.

Otherwise, weigh your options with estimated vacancy and remodeling time, but how you may be able to mitigate losses longer-term with the higher rents you'll presumably be able to collect with new tenants. 

This PM will be trusted with the accounting, collection, and transfer, of tens of thousands of your dollars, or more.

It is important to note that my business partner is a family member and we are aligned on pursuing whatever strategy is most optimal for our main goal of acquiring as many properties as possible collectively, regardless of ownership percentages on paper. 

For example, their rent is $2000, they pay me $1000, I then apply the $1000 to the renovation project, which they estimate to be around $8,000.How should I write up the lease agreement as far as collecting the rents?

I do recommend something to collect rent that is NOT check, Venmo, CashApp, Zelle one day one.