Quote from @Eliott Elias: Sure, put them on a month to month lease Eliott,Even if renting month to month and there are issues, you will still have the same legal head ache and costs of removing the tenant if there were on a 12 month lease.

I have introduced my developer to another large developer that is wanting to do a mixed use high rise that is looking for a joint venture with a condo developer.  

Do you both get joint contracts?

I use appfolio's rent collection system - a majority of my residents ACH rent. 

Maybe we could get food sometime and see if we have similar interest and do a joint venture?

We are trying to work out the details of splitting income (I know that 30% is typical for a management company - we are comfortable with 50/50 split since this is a joint venture, but would love any insights on ways this has worked for people in the past), and also a contract to keep things professional. 

With Joint Base Fort Lewis/Mcchord  (JLBM) that has several cities surrounding it, military rentals are in high demand, and the military gives soldiers a stipend for house that ranges between $1,300 and up.

Once you've explore that, and you still don't qualify with anyone, then I suggest to either bring in a joint venture partner (they could get a 10-20% ownership for helping you qualify for mortgage), or find something less expensive to buy.

Wa offer ACH payments, checks in a lockbox at the building, some mail in MO's and checks.

Tenant A paid entire security deposit on Avail platform, using ACH.