I have been trying to do it "right" and use accrual, but thinking I may be making things harder than they need to be.Even with just a handful of properties, things are quickly spinning out of control with journal entries for accruing property taxes monthly (paid at the end of the year) and insurance (usually pre-paid and then expensed out monthly, but each property seems to be a little bit different).

Spin the pan, Rachel Ray.  

I think all you need is here on BP for the most part without the GURU spin.

You're just spinning it a little from thread to thread.

They might even make your head spin.

I will put more effort seeking out smaller brokerages where I can interview.Thanks again everyone you have definitely saved me a lot of time from spinning my wheels. 

@Connor Heim I would go around that agent and sign a deal with the seller so fast it would make his spin off. 

It isn't so much the expensive properties, it's that there are so many laws there to keep up with, it makes my head spin.  

So, could you spin off this excess cash in the future to pay down fixed debt, sure, if that were the best use of funds at that time.

You may find an apartment owner of larger projects that spins of a HML operation that only lends on apartments, same with small strip centers.