I would also suggest a consideration of how scalable your chosen strategy is/will be given how much money you anticipate investing in RE as it might be more efficient to go through 1 or 2 transactions on larger properties versus half a dozen or more transactions on single family homes depending on your goals. 

I do not believe that is as important as understanding the mindset of leveraging your time for growth and scalability.

Here's my summary:- Property managers or investors with a larger portfolio: Buildium, Doorloop (complete feature set, accounting included, but you'll be paying good amount of fees every month)- Rental accounting tools: Azibo, Stessa, REIHub- General accounting tools: Quickbooks, Xero, Quicken (primarily for personal use)Several other software also list accounting as an offering, but they either link you to REIHub, which isn't a great experience, or only provide manual transaction input and tracking, which is nicer but not much more scalable than spreadsheets.Hope it helps!

I can't comment on whether this is a scalable solution for a larger portfolio, but it works well for me. 

I know many of the posts focus on the forums focus on max leverage for scalability and I get that and to a degree (especially in the beginning) agree that leverage can be great.I am curious who in here is buying with either cash or buying with the intent of paying off the entire mortgage for max cash flow.Would love to know your rationale behind the strategy.

@Adam Endeman I feel that managing my own properties is not very scalable but I know with the few I have now, we are losing money each month...

I tried for a very long time with over 35 rental homes of my own and managing over 100 homes in these areas to run it like a scalable business.

This number is scalable.

Once you've hit that mark, you might wanna start looking at more scalable options - like commercial real estate and syndications. 

THe beauty of sites built with converted shipping containers is that it is totally scalable, less expensive to develop, and you don't pay property taxes - they're mobile.