Competitive rates and a good track record of finding long term tenants.

Since I mentioned professionals are the best to ask, I'll try to track down some resources from our business advisors.

I hope this helps get your situation on the right track and gets the conversation going with your accountant.

Either way, you are on the right track by asking questions and growing your knowledge. 

Seeing as @Bill Brandt is a bit of an expert on this topic I will defer, but I would also talk to a CPA to make sure you are on the right track @Alex Yakubovich.

If you haven't been tracking your material participation, done a cost segregation, or any other techniques specific to real estate and just want someone to file on your behalf then there might not be a huge difference between H&R and a specialized CPA.

Basically, they track what cities are feeding the most buyers into your area. 

We love the view (the pictures don't do it justice) and the wrap around deck. 

Was wondering if there are any good apps or software that makes it easy to track expenses and invoices, payments, etc when flipping a house.

If you like the idea of a slow grow with minimal debt then keep on that track.