For reference, I work full time in a W2 day job in another industry and only spend about 2-3 hours per week average on management, including turn overs, rent collection, book keeping, issuing and paying work orders, etc. 

Assuming so, you only need one credit card, one Home Depot card and one QB file for each LLC (not each property).But, in general, you will find that as you acquire more properties, your bookkeeping efforts will increase and things will get more complex...

If your properties are cash flowing and you're making money, then take the burden of bookkeeping off your shoulders.

Happy New investors!I currently have 1 commercial property and 1 LTR property. 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'...

Here are a few: 1) really hard for tracking and bookkeeping which means you won’t scale as easily -- also Venmo has a wIthdraw daily maximum, 2) can’t block partial payments which means hard to do an eviction in some cities, 3) can’t automatically enforce late fees which means you have to be the one checking if rent came in and go ask for late fees if not, 4) takes more time in the long run (When you’re doing taxes or having to remember each month if someone is late, the time really adds up).

I recently starting using Quick Books Self-Employed and loved the features for tracking my real estate expenses. But then I wanted to be able to track expenses from my different rental properties, I saw there is no wa...

It will make your bookkeeping much easier in the future.

This would reduce bookkeeping and other expenses, but would allow for liabilities to cross properties.

Not sure anyone will do your bookkeeping for 5-10$ total and have it worth much.  

Unless you have a lot of property and assets, this is too much work for the bookkeeping effort.