Lawyers are also motivated by making money and I've seen some investors set up ridiculously complex structures. 

It being a headache is only if you can't work with people for properly set up a company with someone.This is what is great about investment partnerships.

I am going to manage some properties in Kauai next month and need to setup Trust Accounting at a local bank in Hawaii. 

I use Baselane and even though it's very simple to set up accounts and to have dedicated credit cards for each property, I do have to watch very closely that the deposits and expenditures go to the right account so I don't leave myself short anywhere.

In short, not really.I set up a system with direct to tenant meter billing to avoid the overhead of a relationship with an EV service provider. 

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.Buildium may be a good option for you.

I am going to manage some properties in Kauai next month and need to setup Trust Accounting at a local bank in Hawaii.

Our properties offer strong rental returns, and we can provide insights on both building and buying to help you make the best decision.How about we set up a quick Zoom call to discuss your goals and see how we can help you achieve them?

I use QBO for my portfolios as well (been investing since early 2019).As long as QBO is set up correctly by someone or a firm that understands what's needed for an REI business it works great (better than the REI-specific software in my opinion).I'm happy to discuss in more detail if you'd like.Here to help!

I of course setup an auto search and start checking the hotsheets etc (maybe 30 minutes because I am digging a bit and want to make sure my comps sound right).