Generally, I like to pay out quarterly when there is recurring cash flow.

It isn't for the property below but you get the idea. http://cl.ly/image/1x242l3G0Z1oItems which are part of cashflow are recurring (taxes, insurance...) as opposed to transaction costs which only happen at the time of sale.It was 1,020,000 purchase with 30% down and 26,570 in fees, but we negotiated a 20k credit back from the seller which offset a lot of cash out of pocket.

To minimize manual entry, you can set up both the accrual entry and reserve setup entry as scheduled recurring journal entry to automatically post every month. 

Could that be signs of a one time lack of liquidity during the divorce or of a recurring issue?

So there is some safety in that.its just dealing with tenant 24/7 takes a certain personality and get big enough that you delegate it so your not actually doing the interface with the tenant.the other thing on the positive for PM  is if you do build a 500 plus door business you actually have something to sell. as its recuring revenue.. were as say your a flipper of houses .. yes you usually make more  but you have very little resale value in your flipping business other than your assets you own.

You must consider all major recurring costs when selecting an investment location.

However the recurring cost for the tenants in uninsulated or under insulated houses is tremendous and many tenants stay one winter then move on to cheaper accommodations. 

Lastly, I can definitely understand factoring in the advertisement budget, however, once it's leased (according to the vacancy rate), this could be just a one time expense, instead of a recurring one...again...just thoughts.

One of the recurring themes I hear from the BiggerPockets podcast guests and bloggers is taking that bold leap into the world of real estate investing for the first time.

ACTION... that was the recurring theme of the last of the famous four questions.