Not sure what your buddies are doing or even if the case applies to 401Ks, since it was about an IRA, but I would think it would be similar.http://www.bizactions.com/showopp.cfm/spid/2954/art/2240/ind/US/

However the drywall this is an art.

Most people (reasonably) expect that an electronic transfer is immediate.

Do you boycott everything electronic because one of its founding inventors was a racist ("the fruit of the poisonous tree")?

He is a martial arts instructor and past police officer, about 6' 2" and 240 lbs.

If you have time on you side you can order onlinefrom electronics   supplier like digikey or mouser. 

Some providers have features that are designed to make it easier for IRA real estate investors: features like free online bill pay or the ability for your IRA’s renters to pay their rent electronically. 

You can read the story here...http://www.biggerpockets.com/renewsblog/2014/09/03/art-saying-house-literally-kill-somebody/Sorry, you'll have to turn your head.  

It's always good to make it as easy as possible, and the biggest improvement I've made is going all electronic in terms of collecting rent.  

We provide them with an electronic copy of the bill each month and every three months we reconcile.If there is a deficit in the account we invoice them and payment is due with the following month's rent {this has only happened twice when we carried the electricity and natural gas and there was a very cold winter ... normally we set the monthly utility contribution high enough this does no occur}.