We use direct deposit or electronic transfer.

I collect Rents electronically, make phone calls to my contractor unless my tenants do it for me, all my bills are paid online, etc.Now let's talk about how much time it take you to analyze a stock.First, you must research the Industry the stock is in.

We do have to pay for electronic signature platforms and storage for those documents in case we are audited by the NC Real Estate Commission.

You know what materials cost and the electronic receipts are automatically sent to your email for tax purposes, etc.

I started here in San Diego taking cash as I had no idea what I was doing, then when I added more units I went to electronic payments and each person was using a different platform to pay me.  

@Thien Luu1) I don't refund the application fee.2) My lease states that the only ways to pay rent are to pay at my bank or electronically. 

We have a perimeter fence, barbed wire, 17 cameras, electronic gait access.  

Value add: We look for ways to add value to the property, such as a laundry room/machines (electronic, no cash), vending, adding water metering under our new leases, etc.If it doesn't work, it doesn't work.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Of course, if the tenants don't file tax returns, there's not much we can do except try to garnish their bank account when they get their federal return - if you can find their bank and serve that bank a Garnishment Notice before the tenant withdraws the electronic payment from the IRS/ tax preparer.Hope this all helps!