I strongly recommend that you keep a hidden lockbox or use electronic keypads.

The boards I am on are almost all electronic (votes, docs, etc.) with final drafts of resolutions being memorialzied in a resolution book by the designated manager. email for drafts and edits (no need for paper), financials via PDF (no paper), etc.So I'd have a different first step - Identify why paper/printing can't be done electronically.

I offered electronic deposits to their bank account on the first of each month.

If you live within your means and stay out of the electronics stores, you can really take advantage of the opportunities to save while in the military.

for HUD we are supposed to use electronic lock boxes or random codes.

Anyway, I made my payment electronically as always before the 11/15/13 date that they said would incur additional late fees.

There are excluded or limited items, such as cash, electronics, collections and such that may need to be looked at specifically and insured by riders or endorsements to a basic policy, if they choose to insure over those limited amounts.The issue for you is the liability coverage they obtain under a tenant's policy, that's the only concern you have and that could reduce your liability issues, so you should check with your agent.Many variables will apply in determining their liability issues and yours as well as how and when your insurance may be affected with any claim arising from negligence of a tenant.

How does that differ from direct deposit or electronic transfer?

The electrical was compromised along with the HVAC, TV, basically anything with electronics.

We have one tenant who makes a deposit every week when she is paid as she does not trust herself to hold onto the money until month's end.For our tenants who pay electronically, we normally only accept one payment per month, however, if they wanted to pay semi-monthly, it could be accommodated.