We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

The other issue is the time and energy it takes to sort this out if you end up being reassessed (some people never have it happen.)  

The atmosphere was buzzing with energy as industry professionals mingled, shared insights, and forged new partnerships.

One efficient way to manage expenses for multiple properties and entities is to utilize accounting software that allows you to track expenses by property or entity.

If you do plan to flip in that price range you're going to need an intimate knowledge of the area, demand drivers, and how to remodel these older homes efficiently. 

It is without a doubt the best and most efficient way to tenant rental properties and maximize rents here in Detroit.

The government grossly overstimulated the economy, increased the money supply by 40%, and caused record inflation (in housing, food, energy, everything).

@Charlie ColeLove the energy and good for you for starting.

I don't have a preference for age in terms working with other folks but young can be good from an energy, optimism and having enough time to put in the extra hours when needed (usually a younger person is not going to have a spouse, 2-3 kids and a bunch of other responsibilities).

In December, my wife and I bought an old 1984 3/2 split level home with a walkout basement in a great area of Raleigh NC and spent the next 5 months renovating it, spending a little over $40k and pouring every ounce of energy and time we had into it.