It is completely free for the investor/landlord, and you simply connect a bank account to it and it will guide you in having the tenants set up their method of payment (ACH transfer OR a debit/credit card {Paying with debit/credit cards charge tenants a substantial fee for using them and not using a direct bank transfer}).

I put up the money, we jointly secure financing.  

Have a private investor wanting to setup a separate LLC joint venture with me to create a long term performing note portfolio.

This applies even if your spouse did not own any interest in the activity and you and your spouse do not file a joint return for the year.

I do not want to pursue a joint venture because I'd like to have more fine-grained control over the investment.Thanks again for your thoughts!

The manner in which property is held (tenancy in common vs. joint, etc.) is also crucial to understand, so that you know whose signatures on the contract are essential.

Hey @Nash Mittelman, I'd consider looking at a Margin Loan if you have an individual or joint taxable account.

Handles ACH, credit cards, and they have cash options as well.  

For the first time a parent has requested that I change the lease to remove the jointly and severally clause, because they don't want to be responsible if the room mate on the lease doesn't pay their fair share.

They charge a maximum of $2.00 for ACH (bank draft) rent payments and a 1.75% (I think) of the payment amount for CC use.