I'm ready finally to tackle my real estate investment career.

As I'm building my portfolio of real estate I'm wondering what the easiest way to set up bank accounts as well as keeping track of tenant's payments, late payments, taxes, lease agreements, running cash flow estimates, lists of maintenance items to tackle and those that are completed, interest rate on loans, last date refinanced, years remaining on loans, etc. for each property?

., I agree with most of what you said, however in regards to buyer's list, when I had real buyers who we vetted or had done business with, it was easy to tackle a deal with confidence.

Geez, I don't think you can tackle this yourself, not if everyone already knows about it.

Tackle problem #1 first so you'll know how best to pass title.

You've already stated that you would not move, but consider that if things go truly south, this option is actually better than the HELOC because new debt is placed on your new rentals as opposed to the primary you love.Take a moment to consider what risk you are most willing to tackle and the answer will be clear to you.  

Tackling two big markets like Dallas and Knoxville is overly ambitious for someone just getting into the game.

@J Peterson if you have no experience in building and no experience in being a Landlord, why tackle both at once?

That gives you both rental victory and firepower to tackle the next biggest debt, and so on.

I’m saying depending on there experience and the severity of the fire damage some investors might not want to tackle the project .