You should only have to change when your current software has a flaw or lacking feature that is causing you to spend too much work on a work-around.

I know how to use the basic features of QBO, as I do my own expense tracking, but my Bookkeeper is needed for the more complex entries (Loans, capital balances, reconciliation, data entry from PM monthly statements.)I spend almost 8k per year in QBO and Bookkeeping costs (Not including my accountant or tax prep.)

I’ve got great tenants in my SFH so I spend very little time on that every month but in my market the Multis just make more sense.

My ultimate goal is to become successful with my real estate investments so I don’t have to rely so much on my job and be able to spend more time at home with my soon to be wife and future children.

IMO, the best strategy for that type of individual is to purchase residential property in an area they are or can become familiar with; in an area where the neighborhood is “on the rise”, typically where demand exceeds supply and people are spending $$$ on fixing up properties.  

I feel like if you dont want to spend too much time figuring out the flow then it's a good alternative.

The $200 you spend will help with your learning curve which you do not want to get from the CPA at $350/hr.

Multiply that by 8 properties and that adds up quicklyAt this point I've amassed around $150k in debt, I'm spending hours a day trying to find large multifamily properties with nothing to show for it and the whole passive income dream I was sold seems to be a huge lie.

Or you can look at transactional funding, but you'd likely spend more on marketing as the need for double closings are less than fix and flip deals.Again, all the best to you on your journey!

I would spend hours on the phone assisting them with their deals, I’d write all their questions down and then sit with Dave and the other PPR partners, after work getting their answers.