I would implement both in this case.

You will want to work with a professional provider to help you implement the 401k plan trust, establish an appropriate trust-held bank account and then rollover your wife's prior 401(k) funds. 

If you’re potential property is master metered (1 meter for all 4 units) then you can look into implementing RUBS if legally supported in your state. 

We are implementing things like PayNearMe to transition the responsibility from him to the tenant.  

It's a slippery slope and if implemented, may seriously make me consider another market.

You also have half a dozen people looking at the property simultaneously, creating urgency for them to hurry up and get an application in and their fee paid, since we operate on a first come first serve basis.The other rule I started implementing was that the TENANT/APPLICANT(s) must CALL ME 1 hour before the appointment, otherwise I WOULD NOT be at the property.I was AMAZED by the results..

I am mulling over the following and would appreciate hearing your thoughts: As an out of state investor in these markets (implementing a Buy - Rehab - Rent - Refi strategy) I will need to:1.

I (or my assistant) would uploaded all the bills to be paid to the property management software, and the office manager would cut the checks and get them signed (bills), and I would actually pay the owners with EFT transfers through the PM Software we used.I started My company because the broker at Gallery of Homes was more focused on growing her sales force and had no interest in Property Management, and would not allow me to implement new online tools to faciilitate growth (she was afraid of technology).     

I have implemented Podio to handle my complete operation from lead intake to management to conversion.

How do I implement the system to tenants that are already there and did not have this parking fee when they started renting?