Rent Collection, bill payment, etc. Considering baselane + Chase

[i_have_so_much_to_learn]

I'm closing a multifamily purchase (two buildings, 3 units each) and trying to get all my ducks in a row. I need to set up business banking (I have 1 LLC per building). Chase Private Client is offering me free business banking, but abysmal APR on savings accts. and no good way to get tenants to pay me online.

It's been suggested to me to use baselane (for free) but I don't like Baselane's transfer/withdrawal limitations, and a few other things.

So my plan is the following:
business accts at both Baselane and CPC.

Online rent collection into baselane, keep $$ in baselane to earn higher APR. If tenants prefer to pay via check or cash, in-person deposit at Chase. When needed, move money to baselane to earn higher APR, and move money to Chase to pay bills, etc.

What do you all think about this?

[Archipelago]

We use BlueVine business checking. 2% APR. Sub accounts for holding security deposit funds. No monthly fees. They are an online bank but do have a bank charter (the $ is FDIC insured).

If tenants prefer to pay via check or cash, in-person deposit at Chase.

We don't give options to pay via cash or check. Those payment methods waste time for everyone involved. We establish early that need to use our online payment system. If they aren't willing, they're not a good fit for us. It's never been a problem.

My advice would be to simplify and find a single bank that fits all of your requirements.