However, I think he could improve the way he expresses his opinions publicly on the forums regarding these agents.

Hey James, the most important part of investing from a distance is building and improving reliable systems, generating deal flow, and building a rock solid team.Read this article on the "core 4".

Similar to the allowances in a pro forma, they are simply set asides and only become expenses when the property taxes/insurance are actually paid from them. 2) Capital Expenditures - They certainly feel like expenses, but certain improvements cannot be expensed outright but instead have to be capitalized and expensed/depreciated over time.  3) Depreciation - Finally some good news! 

They also have accountant access to my bank accounts and credit cards, so everything gets reconciled.

We encourage you to review your credit report for any discrepancies or areas of improvement.

Purchase price: $625,000 Sale price: $700,000 Enter any improvements you made.

Appreciation for the most part is non-existent unless you force it w/ improvements.  

This included updating the kitchen and bathrooms, improving the landscaping, and finishing the basement to maximize rental potential.

We have a work instruction we have made for our business which has definitely helped my wife and I become more consistent in our approach which has also improved our results. 

I'll be wanting to give beta access at some point in the future with more basic features that would still be helpful.