Let's say, it costs you 1.5K to get your structures in place (holding LLC or Series-LLC, with or without land trusts, with or without separate operations LLC) and 0.5K per year (for maintaining the LLC properly, bookkeeping, lawyer and CPA, etc.) for a total of 2K.

Trying to source a bookkeeper that specializes in STR and vacation rentals.

It makes your bookkeeping and tax filing a breeze at year-end.

I’m also self-employed in another non-related industry.I’ve used Aldaris CPA for my taxes for the last 4 years – they’re awesome and local in West Seattle.He also takes care of my bookkeeping and taxes for both my real estate business and other business.

Depends on the following factors: 1. number of units2. organization of bookkeeping provided.

They can also report maintenance issues and see their payment summaries as well.The app has a slew of other features - complete book-keeping, automatically applies late fees, can track recurring charges, etc.  

You've created yourself a bookkeeping position.You will see plenty of people "overpay". 

Have a bookkeeper help you track the costs on your projects while your construction team knocks out the project, and compare both sets of information to check for inconsistencies.

You're better off contracting with a CPA for your taxes and seeing if they also offer bookkeeping services or can recommend a reputable bookkeeper as well.

So far, we've pieced along different elements of this (different tax person each year, no LLC to one to now 2 this year, haven't yet used a bookkeeper...)trying to streamline systems and have a solid foundation for our fairly new and growing real estate portfolio.