Most of the big companies will collect a monthly fee from you if your license is active.

The benefit is the ability to use my LLC for protection in a rental arbitrage scenario.So imho, using the LLC and bank account that I have already setup to collect and make payments in return for an established entity is pretty easy decision.

FOr rents, I would use a payment app, I haven't kept up with those for a time, last I knew was Paypal which my kids says is "so forever ago Dad" so i don't know what it is now, some collection of nearly unpronounceable syllables.

I can post a rental listing on the MLS for my self-managing clients and do showings, collect info, etc, but that's where it ends.  

Pick them up and store them and let the tenant collect them after paying you a fee for your time/trouble.

Ignoring that:This will depend on what your purchase contract says about rent prorations and transfers:If the seller owes rent based on actual rent collected, the scenario above is a net zero.

I have looked into contacting a collection agency, hiring a lawyer to file a claim, or just move on.

If you are referring to you and 9 other of your closest friends collectively investing, it is much simpler.

With forbearance still in effect, I think it is too early to tell for residential and collections in the multifamily space have remained steady from what I have seen.

In the past, I have only collected rent by money orders.