HighLevelAccounting & Finance: What tools make bookkeeping and financial tracking seamless?

Another option is house hacking—buying a small multi-unit, living in one, and renting the rest to cut costs.

I'm also happy to share access to a spreadsheet where I track Single Family, Multifamily & Rental Inventory for the Pensacola Market(Escambia & Santa Rosa Counties) each week. 

That being said, I'm always an advocate for paying for mentorship to fast track your goals. 

Guys, I’m trying to track down one of the guests I heard on the Real Estate Rookie podcast a couple of months ago.

Consider putting the property up for sale and get your life back on track, then try investing again.

@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

You only need a place to track tenant information, payment history, maintenance, etc.

I agree that you can use a Realtor with a proven track record. 

.🚨 Common issues I see:❌ Not properly tracking repairs vs. capital improvements❌ Missing out on cost segregation & depreciation write-offs❌ Scrambling at tax time instead of planning proactivelyI’d love to hear from the group—what’s been your biggest tax headache as an investor?