What was the outcome?

We are always elaborating on specific groups where some turns into sweeping indictments or insults.

@Larry Cersosimo,It is not possible to use your 401k as collateral for the loan, IRS specifically prohibits this. 

Some lenders might require a specific residency.

Many are not and the process to do so is tedious and may not result in a positive outcome. 

What was the outcome?

Just to be clearer, I don't mean the method that tenants set up the autopay or Zelle in his bank account, but some method, app or digital platform, that debits the payment from tenant’s bank account at some specific date of each month, and It sends it to my bank account.

You can also download a lease specific to your state through Zillow.

Of course what he’s doing is creating a book of private “listings”, tying them up at a specific price for 90 days, and only closing if he can flip the contract for a higher price to an end buyer.

Figure out your investment style first and then you can ask more specific questions on different ways to achieve that goal.