I work in the technology field as a windows systems admin.

The process protects both their system and users against fraud and aligns with banking regulations, especially given the financial data involved in property management.

The Rentastic (and other RE focused systems) do seem way more simple, and user friendly than QBO.

Just remember that wholesaling is much tougher than all the gurus make it seem to be, but not impossible at all if you create the right systems and understand, when you are new, that you are solving problems, not throwing cash.

Overall, it's a good system.

An Excel file or other detailed record-keeping system would okay, as long as it accurately tracks your hours spent on real estate activities.

Coos Bay - The main delay with application in this area is whether the property is on public utilities or has a septic system and private or public water source.

There is a growing trend of apartment owners investing in submetering systems for water as these have gotten more affordable.

So, WHY screw with a successful system that your able to operate without undue stress? 

Our economic system has inflation, which favors the banks, baked into the system.