If you’ve got property and aren’t well-versed in an accounting software I’d recommend starting with a good accountant and quickly adding a good bookkeeper.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Do you not realize that If one software worked, do you think any other software would still be in business?!

Are you finding motivated sellers via the typical route of using the prominant software platforms like propwire and propstream?

Tracking can be done in property management software, a spreadsheet, or even a piece of paper and a pencil, as long as you can account for who's money is in the account.

There comes a point where having a real estate-savvy tax preparer outweighs your time learning a new software. 

Actually, on the loan application 1003's that I've seen, ***************************Uniform Residential Loan Application  1003Section 3: Financial Information — Real Estate.

**Technology:** Utilize property management software to keep track of rent payments, maintenance requests, and communication with tenants.4.

Just passed my real estate exam and am finishing up the application process.

Now that you have those numbers, you will take the total value of the homes, subtract the assessed land value (land doesn't depreciate), then subtract the applicable extra depreciation that we calculated above.