I believe over the next 6 months to a year, you will understand why that is a very bad idea for inexperienced, under funded "investors".

This article will be helpful: https://www.biggerpockets.com/blog/core-four-real-estate-tea...Feel free to reach out if you have any questions.

I am entering escrow tomorrow and although I have reviewed all the various data from this property I am still "inexperienced" and we all know that although a buyer's agent has a fiduciary they are still going to have a monetary agenda so if something might be on the fence they will shine a positive light on it.

An experienced accountant who specializes in real estate taxation may charge more than an inexperienced/new accountant who is eager to get clients. 

Generally, no, 5-10 is not my cup of tea.

I see this mostly with new and inexperienced investors which is why I wanted to write this post to help newer investors avoid some of the pitfalls I see every day. 

Stay loyal and treat your CPA well, because true bargains are rare.Here're a few things to keep in mind when it comes to lower-priced CPA servicesNew inexperienced CPAs (as well as contractors, lawyers, dentists and all other specialists) often undercharge because they are desperate to get their new business going and are concerned that they won't have enough clients.

Problem is unsophisticated or inexperienced investors or investor wanna bes can’t understand the difference.  

To all "new" or inexperienced investors: What are you looking for?

I'm not exactly new to realestate, but I still feel really inexperienced.