Quote from @Sam Wilson: We invested via a retirement account.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Account holders can't take any write-offs personally for investments made in the 401k.

The property is livable, but I am account for a pretty significant turn in 4 - 7 years of paint, flooring, and any miscellaneous repairs that the inspector could have missed since it was occupied.

Anytime... we have one accountant who focuses on our MHP and multifamily clients. 

But they auto-deposited $50 into my "marketing account."

What about Debit Cards attached to a checking account?

It may seem easy to jack up rent but there is something to be said about good, on-time paying tenants.As an accountant, I always rely on the numbers.

@Megan HerringtonBigger Pockets is a great place to find a real estate tax accountant. 

I'd have to ask my wife who handles the accounting etc about the fee question. 30 to 45min a month for 62 properties Not bad.