Then bookkeeping would be a separate charge of 250 an hour but probably won't take long if it's for only a few entities. 

Basically, they name everyone because they’re hoping and counting on the fact that people set up their own LLCs and didn’t adhere to basic entity maintenance and kept things separate (like bookkeeping and separate bank accounts).

I have a 50/50 partnership, and we went in 50/50 on the down payment and split the management responsibilities - I handle leasing and bookkeeping, he handles maintenance requests and occasionally DIYing some of the labor if he feels like saving us some money. 

Unless you are PERFECT with all the requirements..... actually having quarterly and year end meetings, notes on board meetings, all your policies documented, bookkeeping spot on.... every "i" dotted and "t" crossed etc..... they will piece that "protection" very easily.

A partnership does create liability protection and therefore can be made up of individuals or entities.However, there are numerous other differences: bank accounts, bookkeeping, titling, tax allocations, etc, that are also different between the two.Search through my website.

Pretty straightforward for your bookkeeper.

Quick Books is good software, that is what we use.It sounds like you should hire a book keeper versus doing it yourself.

It would certainly be easier to just pay a bank, lawyer, CPA, bookkeeper, or property manager to receive the checks and deposit the money.

However, the trade-off we made switching to a property management specific software was still well worth it, even if the accounting/bookkeeping portion of it is not as user-friendly as QB.Not sure if that helps answer your questions, but at least gives you a few things to consider.  

Payroll, bookkeeping, etc can mostly be done remotely.Here is a great list of questions to ask a potential accountant:http://www.biggerpockets.com/forums/51/topics/70447-questions-to-ask-a-cpaAlso check out the www.NAEA.org page in your search.