Secondly I would not convert until I read the book "keep it" by Joe Luby. 

so far, it's only been for the depreciation pieces which can take some finesse depending on what you're doing.I would recommend that whenever you get to the point of needing a CPA, I'd have the CPA firm do your bookkeeping and then it's very easy for them to do your taxes.  

Purchases, rent collection, sales, repairs, research, websites, signage, advertisement, income/expenses knfrom RE business, payroll, bookkeeping software, etc. 1 or 2 properties don’t  qualify in my view. 

I chose s-corp for the retirement plans available, anonymity, ease of bookkeeping, tracking  mileage, etc.

Do you plan to hire help such as PMs, bookkeepers, and etc?

Maybe a forum should be added for specific accounting/bookkeeping issues.

Hello,Does anyone have experience with the "KISS Guide to Bookkeeping?"

The cost of 8 or 10 LLC shells would be enormous for each LLC you own, let alone the cost of doing taxes and having separate bank accounts, separate book keeping, separate state filings, etc.  

Payroll, bookkeeping, etc can mostly be done remotely.Here is a great list of questions to ask a potential accountant:http://www.biggerpockets.com/forums/51/topics/70447-questions-to-ask-a-cpaAlso check out the www.NAEA.org page in your search.

You are also more likely to run into 1099 territory with your help, costing you more in bookkeeping and tax prep.