But as far as bookkeeping and reporting goes, QBO will do the job.

As you scale, if bookkeeping isn't fun for you, consider hiring a bookkeeper for a couple hundred bucks per month.We do 20 out of state Flips/BRRRRs per year and use QuickBooks Online to manage all of our finances for rehabs. 

Flat rate of $800/month to a bookkeeper that specializes in real estate.

We ended up having to pay a professional bookkeeper monthly to manage it.

Hi @Nitin Gove,I use QuickBooks for bookkeeping and generating monthly financials (Revenues, expenses, etc.).

You can do the taxes and bookkeeping but what about as you scale?

I've taken all the major options to consideration such as book keeping, accounting, taxes, payments, maintenance/trouble calls, price of software etc.At this point, I'm looking for the most balanced option that will best help protect myself and my assets.

It just takes an extra step out of the bookkeeping when you automatically know what property it's associated with.

But, I would recommend hiring an REI-savvy Bookkeeping Professional one day so you can focus on other higher revenue-generating tasks.

My wife runs her own bookkeeping business and helps with the online business (receive, package, ship) and of course keeping rents paid up from the current tenants.