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.

It also comes with different level subscriptions that you can continue to up grade as you need more features. 

In your experience, would you advise that it's best to avoid the complexities of the foreclosure purchase process as first property newbie, OR proceed with caution under the right circumstances.

INNAGO is a free tool that enables you to market your property, receive monthly payments, handle maintenance work orders, and offers additional features.

Syndications seems to be complex in terms of the legal process, and partnerships are complex in differenciating who is passive and who is active.What are the pros and cons?

I was the featured speaker with a local group (actually nationally presented) on building energy efficient homes. 

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Fortunately, our software provider continues to improve their product and allow owners to select alerts they want and don't want.Next, we've asked our software provider to add a feature that would allow our owner clients to select from: Immediate Alerts, Daily Alert Summary, Weekly Summary, Monthly Summary.Of course, we call owners when there's a critical issue.

Additionally, App folio has a feature called an owners packet that does show the balance and cash in/cash out per property. 

It's not overloaded with features you don't need.