If you're putting that little down, you'll need more cash to close in the way of pre-paid insurance and tax reserves.

Sender a thank you card with an American Express debit card that you can buy at any drug store for X amount.

Free for landlords to collect rent and free for tenants too if they pay via ACH. 2.75% fee for tenants if they use debit/credit card.

"Net Direct Deposits" are the total amount of ACH direct deposits to your card account for the month less the total amount of ACH debits made from your card account during the month.

My experiences before I started investing in that county was taxes were always 'prepaid', so if the bill was due May 1, the taxes ran May 1 to April 30.  

I also notice cash for gold and prepaid cell phone stores in questionable areas.

Hello Bigger Pockets Community,I am going to start renting a unit in the near future and I'm wondering if there's anything I can do to help get a tenant to sign a two year lease, and or establish an auto-debit to make sure the payments keep coming in.

In a military town like mine you have to tell them not to apply it (which I do when I'm using my business debit card from my LLC).

The principal amount of this Note may be prepaid, in whole or in part, at any time without penalty.Should suit be commenced to collect this note or any portion thereof, such sum as the Court may deem reasonable shall be added hereto as attorney’s fees, the LENDER agrees to pay the costs of such additional sums as a court may adjudge reasonable as attorney's fees in any suit.

"Closing costs" can include prepaid items, points, fees to buy down the interest rate, etc.