However, I recently stumbled upon an intriguing concept called PadSplit that allows you to leverage the multifamily concept within a single-family property, ultimately maximizing income potential.

The way our bookkeeping firm does this is via a manual journal entry dated the last day of the month the transactions actually occurred for your properties via your PM.

The concept works!

Sure the concept is good (search engines), but you backed the wrong horse.

If they prove to be loyal I will give them a lower percentage for being loyal, but not accepting an "I will work with you forever" deal with no proof of concept or relationship.

A fantastic Wall Street Journal article reviews the renewed interest in vocational training, manufacturing and hands-on labor fields.

I can't recall all the reasons I rejected it but one HUGE primary flaw that is so fundamental it made me question everything else about their software - there is no concept of a portfolio.  

No room, then I question how serious they are about training...and you need training....real estate school teaches you laws, contracts, and concepts. 

Many arrive at this strategy through paid mentorship, while others settle on the strategy through their own education because its such a  widely discussed strategy with so many industry participants peddling the concept thanks to the low barrier of entry and ancillary services and fees that are generated.  

Do you have any tips or personal experiences you can share to help someone new to the concept?