The book keeping is done automatically as long as I pay for expenses out of the correct accounts.

Tom Wheelright says document to win, so I'd like to go beyond merely my bookkeeper keeping receipts with quickbooks and all that. 

Good morning,I close on a house tomorrow but the mortgage is in my personal name but the financials come and go from the LLC (monthly rent, closing, all expenses, book keeping).

Yardi, etc), the financial software out there hasn't been sufficient on the industry specific side (quickbooks, xero, etc), the reporting software isn't industry specific enough and has me paying for way more features than I need like HR/inventory/etc (Jirav, Netsuite, CFO Scoreobard), and industry specific attempts like Stessa require software like quickbooks that it doesn't integrate with well yet. 

My partner and I are in the process of looking at software to help our bookkeeping and accounting of our business.

Other than its beautiful interface which is by far my favorite of all the software I've tried , it seems pretty comparable to other rent collection apps in terms of features (online rent collection, maintenance request tracking, bookkeeping).But what makes Roof stand out is the combination of its tenant features, and the way it organizes communication.

I plan to manage all of the back office functions (marketing, bookkeeping, booking systems, online guest relations etc) from home and hire 2 on-site managers to live there and work 9-hour per day shifts.I plan to automate check-in/out and use door codes, automated greetings, etc.Does anyone own a hotel, motel, or large hospitality property and not live on-site? 

I do have some experience in bookkeeping, accounting systems and taxes in the real estate world as a CPA. 

Here is my take in the accounting world:Accounting - Bookkeeping appx $250 - 750 a monthOffice admin - can handle your bookkeeping at an hourly rate.

For one property, a QBO subscription may be overkill...unless you are looking to scale up rapidly, in which case it pays to develop good bookkeeping habits early on.If you are looking to keep the portfolio size at 1-2 properties, then a spreadsheet should suffice.