Hello BP community, I have been renting my SF 3/2 house with a bonus room in Parkrose Heights to family the past 3 years and they have recently moved out.  

I live in California, but am looking to purchase my first single family rental property in Memphis, TN.  

I am in the process of looking at single-family properties for my first rental.

About collecting rent through Zelle, though, there are a few key reasons why it might not be the best fit for you as a landlord or property management firm, especially in the long run:Zelle is Designed for Personal Use: Its features are great for sending money to friends and family, but it lacks the business functionalities that landlords need, like automatic rent tracking and late fees.No Rent-Specific Features: You'll miss out on handy features tailored for landlords, such as payment reminders, lease management, and maintenance requests.Transaction Limits and Dispute Resolution: Zelle has sending limits that could interfere with rent payments, and it doesn't offer the same level of protection and dispute resolution you'd get with services designed for rental transactions.Given these limitations, while Zelle might work for now, as you grow and manage more properties, you'll likely need a more robust solution that's designed with landlords in mind.

Otherwise the one's not on here, they mainly work with families trying to buy a new primary, or possibly a second home or third.

My wife and I are local investors with single family and multifamily properties all in San Diego. 

I am concerned about noise levels when my baby gets here, because newborns cry in the middle of the night and I truly am worried that we are going to have an issue with something that is out of my control, and me and my family are going to be out on the street because of that.

"I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

Please hold the advice about investing with family members.

What would you do, assuming you didn't have the experience you might have today and wanted to get into multi family with $250,000?