My recent purchase of a triplex came with three tenants, and they all have leases expiring in May, August and October 2015.  The lease is a one page lease mostly focused on how much rent and little other details.Now o...

Now, to provide an extremely simplified version of this:Monday 9am - 11am:  filter and clean up lead list from title companyMonday 11am-1pm:  write up letter/postcard, etc. and send off to yellowletters.com Tuesday 11am:  yellow letters sends you mail/postcards/whatever...Thursday afternoon and evening:  you begin getting calls from the leads.  

I'm not saying it has to be a difficult process but this just sounded way to simplified on my first read.

That's an overly-simplified summation from someone who's not an attorney nor an expert on the topic - search around for a bit on BP and you'll find much more, and much better.

@Ross Ellington In my very simplified example, yes that would be the final income tax you would owe.

I've simplified: I have one Income account that all my AirBNB/VRBO deposits go to (since they get sent to me in lump sums, not split according to property, it doesn't make sense for me to have Income accounts for each property).  

We often don't use it as a disqualifier, but we often do fast-track anyone who reaches out to us in the manner requested.Not sure if you've used it, but the Facebook marketplace has a similar system that "simplifies" inquiring (you just click the "is this available" button).

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

@Aniello Belfiore sounds like you want to look at design-build...simplify. 

Thank you guys for responding, just reading your responses relieved a lot of stress and simplified things in my head a bit.