There are a lot of local nuances that only a local attorney would know, plus the fees are usually not high enough for an out of state attorney to even take the file.

I’d like to consider wire transfers, Venmo, PayPal Payments Advanced, etc. im wondering what others are using to avoid these high merchant fees.

A few responses stating that I can bring deals to investors and use the fee to invest with.

And house would be still cash flowing $160 a month at 89,000, even after taking off property management fees and all the other costs in the BiggerPockets rental calculator.The owner told us he would feel better giving us the house at $81k. $3,000 less than we offered.

Don't we lose profit when we keep refinancing to the bank fees?

On the one side, LL's need to get comfortable paying for value and stop chewing down reasonable fees which are necessary to make the business model perform and prioritize the property. 

This includes owner-paid utilities, maintenance, repairs, capex, advertising, legal fees, etc...

Advantages of syndicationMuch higher ROI to GP: They usually invest in the deal, so the ROI based on their fees is much higher than the ROI you would receive by purchasing a 20 unit with your own capital)Ability to acquire larger propertiesCons (sort of) of syndication Higher barrier of entry: need enough experience and track record for others to trust you with their moneyMore responsibility: you are using other people's money, and not just your own capital

Screening is very fast and complete - I can elect to accept CC and set the convenience fee (I do charge a tad above costs), and I find its pretty easy to reconcile a tenants payment via "serial number" or transaction ID reported to the bank with both Rentec accounting AND quickbooks - albeit Quickbooks is still manual for me (you can export from Rentec to Quickbooks via CSV... havent got that far along yet.We literally just completed several rehabs (meaning LOTS of expense), so seeing rents come in quickly and accurately is a relief for a change!

So it doesn't seem like a good deal unless you can get it for $160K or so (assuming no PM fees) if you are about cash flow.