@Mica MooreBefore you decide to self-manage or hire a property manager, you need to understand what goes into managing rental properties.A novice investor may see a rental property as a simple equation of: rental income - (mortgage + expenses) = profit.While this formula is the basic mantra for an investor, you also need to include your landlord duties and energy into that equation.

It is different than simple LTR or STR.  

SEP-IRAs or SIMPLE IRAs), donor advised funds, or research & development if you're building out any software to run your business.Just some things to think about outside of the realm of real estate. 

My philosophy is very simple: never sell a property unless you can (a) put the money into something that provides a better return or (b) it moves you closer to your goal.3.

Plain and simple....

And that nightmare of an impossible deal that a clueless builder put together became my entire foundation for everything to come because after turning that lump of poo into the diamond, that bought me a $ HM Lender who gave me dedicated funding for anything and everything I requested with a simple phone call, underwriting to follow when convenient. 

I appreciate your position and I do offer a simple explanation below.

I'll probably just end up paying the goofball so I dont have to deal with him, its only a couple grand, but its still really annoying and a simple phone call or text would have prevented this. 

I find QuickBooks Online to be very simple to use and will provide exactly the reporting that your tax CPA is looking for (as long as you keep up with the bookkeeping and categorize correctly).

You can do a DIY minisplit as well.