Negotiating felt like a game of chess—except I was playing against a grandmaster, and my queen was missing.

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.

If the tenant misses a payment the full amount becomes due. 

Benjamin-I think you're missing out if you don't look in Cincinnati-one of the strongest rental markets in the country. 

Residential subdivisions, while potentially less complex, can be hit-or-miss depending on local housing trends and the cost of infrastructure development. 

Q1 distribution is missing again.

Towns in New Jersey can be wildly crooked and will try to assess you for things they missed on prior renovations before you even bought the property, which technically they can do.

Yeah, I think you may be missing an attempt at humor here....but then you are an accountant..... :-)

Caveat is that you should be reinvesting those profits back into other smart investments so that you aren't missing out on compounding gains. 

Since the LLC doesn't own the rental you're missing out on the asset protection that was originally intended.