In your case, since your two properties blow the 1% measurement out of the water, your COC would be well into double-digits if you implemented some well-executed delayed financing and find additional deals with those return parameters....especially when you consider how low mortgage rates are right now.Heck, even here in a city that's not known for its cash flow (Los Angeles) I am able to get well over 9% COC by financing my purchases. 

Typically single digit percentage is the norm.

I personally would prefer email so it's easy for them to turn in, easy for you to retrieve, and you have a digital copy for future reference. 

Does anyone have any leasing partners referrals that offer a digital payment method and are reliable?

A 4 digit pin gets you in and out.

So, every university and the town that they are in - have a LOT invested in students actually living in that town.Would universities decide to just go digital altogether? 

For example, if I bury one dollar today and dig it up in ten years it has lost value in the sense that it's purchasing power has gone down, but it's still ONE DOLLAR - it hasn't changed.

Under the Austin_Metrics I used HPI index from fhfa.gov dataset for the 787 3-digit zipcode to calculate the 'four-quarter' house price appreciation.  

I can recommend a $75/month PM thats all digital or a $200/month that will have a book of contractors and charge you accordingly, very different products.Good luck!

I will say, it could be worth considering a shot at an actual software solution built for DIY landlords (1 - 15 units) that helps you to automate your own rental process (ie. compared to other tools, one that helps you to actually build a single listing and syndicates it to 10+ major listing sites, allows you to schedule showings, provides you with super thorough tenant screening options, online digital leases which can be customized and help you by breaking out those fees, automated maintenance tracking, and fast rent collection which also offers your tenants the ability to report their positive on-time payments to the major credit bureaus; just another positive reinforcement/added incentive to get them to make those payments on time).