Transcribing transactions from bank statements, posting transactions to the correct accounts, and then manually creating an income statement, statement of owner's equity and a balance sheet is a fairly time consuming process and I have not been able to keep up with the book keeping between my regular work responsibilities.What accounting software do people recommend? 

It can be time-consuming and challenging if you try to do everything on your own, so partnering with a trusted team can make all the difference.

Consumer prices rose 0.5% for the month, surpassing the 0.3% forecast, while year-over-year inflation increased to 3.0%, up from 2.9% in December.

We add roughly 10% to the true cost and that cover consumables. 

Time consuming - if you have 10 applicants are you going to interview each?

As Jay mentioned they must be NMLS licensed if owner occupant of in several states even commercial needs licensing.The NMLS is like the database, each state has a division of banking that oversees lending requirements then you also on the federal level have CFPB as well as consumer protection laws.I want to add that I believe yesterday the CFPB is undergoing changes, but if it goes away that does not mean that many of the laws in place especially consumer protection laws would go away. 

So, there is even more risk.The things that you can do, include being properly capitalized, not be greedy, (in whichever way that may be defined in the county you are buying), know solicitation laws, know Dodd-Frank, the Consumer Protection Act, the S.A.F.E.

I have experience building my own DTC consumer goods type sites so I was planning to build my own.

We are considering selling it and investing the cash we get from that in another deal or paying off our consumer debt faster!

I am currently a sales manager for a commercial tree farm and have recently been consuming Kiyosaki's books like they are candy.