Rent Payment via ACH transfer downside?

[John T.]

Hello BP!

I currently have two rental properties and both tenants pay their rent via ACH transfer into my bank account.  It's pretty much a bank account to bank account transfer.

Are there any downsides to electronically collecting rent THIS way?  I've read about other e-methods (sites) to use on BP.

Thanks!

[Jordan Moorhead]

Cozy lets you know when the money has been drawn so you know they've paid on time.