The BRRRR method can be a profitable investment strategy but it's essential to approach it with caution. 

Be calculated in how you approach investing as there are many risks to it.

Instead, I should:Record the net rent (gross rent minus PM fees and expenses) as income in QBO.Log any additional expenses I directly pay, such as mortgage payments, insurance, property taxes, and other business-related costs like gas for business travel, meals, business licenses, and office supplies.Does this approach align with the correct practice of differentiating property accounting from corporate accounting?

I’ve started putting everything to Inventory, but don’t have a ton of transactions yet, so I figured I still have time to change my approach.

Many seasoned investors bolster their liability protection by using a layered approach.

Your approach shows promise.

It’s important to note that if an outside property owner approaches you for management services, you must be licensed as a broker to comply with regulations.

The challenge with your approach is that you're calling the reviews from honest people on this thread (with real experience) SPAM WITHOUT having any evidence to support your position.

I thought i would be buying real estate  that already existed. how would you approach investing in this yet to be built projects?

Makes sense about just talking to them / asking them directly, and that's helpful to get more perspective on how you might approach reviewing credit.