@John Underwood id like to learn more about the system you use to manage everything automatically.

There is no better person to protect your properties from Liability than you.Eventually, when I do need to leave the properties to a PM, it will be a PM that I created with my Quality of PMing.By self managing as well, you can implement things like Automatic Rent Collection, Automatic Bill Pay, etc.Anyway, is it worth PMing for a little while?

This lease will automatically renew on a monthly basis unless Management receives written notice of intent to terminate at least 30 days prior to the end of this lease."

Postlets is now Zillow rental manager - my Postlets were automatically transferred

Just don't expect to automatically get 30+% off market rate just because you "can provide a lot of work" or because you "have another guy who can do it cheaper"...

Automatic email responses or any communication/interaction with guests needs to be done very cautiously.

The benefits I am seeing with Buildium include:-Free Website (whereas you have to pay for one with AppFolio)-Seems to be better accounting program, with transaction automatically synced with your bank at reconciliation-Quicker rent deposit processing time (1 business days vs 2-4 with AppFolio)-Cheaper onboarding fees-Application fees can be paid by prospective tenants using ACH (not just CC)Those pros at a cheaper yearly fee and so far haven't seen a benefit AppFolio has that Buildium doesn't.  

This application of funds to interest is automatic and there's no way to make a principal only payment, unless it's made the same day as the interest is paid (on the due date). 

The rent just automatically transfers from the tenant's bank account to yours each month. 

They can set up automatic payments, buy renters insurance and it reminds them to pay rent