It's great to be able to automate online rent collection, plus take advantage of additional features like tenant screening and accounting.

Are you looking for any other features or is it just rent collection you want to automate?

I follow some investing coaches, who seem to think automating processes are just as sufficient, so you don't need to be local if you hire out the right people and tools.

Martin pointed out these rates are tied to Prime (instrument the Feds have been using (raising) to fight inflation) and has moved up quite a bit over the last year and half.

And I've got some automated emails set up to take care of sending check-in details and other ordinary things.  

Then of course the "fun" -- the actual closing.Search/exam fees... these fees are for the title search (often through a third party) as well as the attorney exam of searches and surveys to determine all the steps necessary to get to the table as well as in many cases resolving defects.Doc prep fees ... these fees would be for preparing the deed and any other instruments required.

We’re now into STR for a few months and have learned a few things to make the process more automated.

I've an automated message going to the guests on trash day, but it doesn't always work.I've had multiple PPM companies and none of them take the trash, My cleaners won't take it, and for everything else they do, it isn't worth firing them over it.I've been trying to get a small group of homeowners in my community to just pay someone on trash day to stop in and take out all the barrels.

It’s in a class c neighborhood Appreciate all the additional input as well I guess it makes sense you can set up ACH payments and this way the payments are automated and you can make sure they pay on time.

Below are some of our requirements:Highly skilled at selecting reliable tenantsThey already manage many similar properties in the areas where our current and future properties are located.Already fully automated and has an owner portal.Will evaluate potential investment properties and provide estimated rent, time to rent, and renovation items in a timely manner.Will handle payment to the HOA and resolve issues between the tenant and the HOA.Practively manage property maintenance to keep maintenance costs low.Does NOT have an internal repair department.