Thank you for teaching what you know and allowing people to implement and ask even more questions.

You'll first want to nail down the property type and strategy you want to implement then start making offers where it makes sense!

Thanks for all the feedback thus far.One piece of information that impacts a lot of this - this is a condo in a larger building and the HOA doesn't allow leases under 1 year including MTM so we can't implement that strategy but keeping leases to a year makes sense.

Meanwhile  they completely ignore the action items that should be implemented on a daily basis to greatly reduce the claims from arising in the first place and fail to take the steps that properly prepare for when the claims arise.  

The properties here require a proactive investment strategy that most investors are not accustomed to or simply have limited knowledge and resources to implement properly.

As long you clearly identify and track the expense per property (and you can do that in Quicken, with properties, categories and subcategories, or in Quickbooks), you’ll not need CCs and accounts per properties.Here are some graphical diagrams to help you on this quest (or confuse you further): - Asset Protection Decision Diagram - to help assess the need for asset protection, and what to implement: https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagram - Asset Protection Onion Diagram - what, when, and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2 - What is needed for complete asset protection OR the domains that need to be intersected to find asset protection

Maybe we have a regime change by the time this is ready to get implemented and it all changes again.Buyers and Sellers need us. 

Quote from @John Carbone: He should be able to get all 4 done in a day.

To navigate this, consider implementing a standardized application and screening process that focuses on objective criteria, such as income, rental history, and credit checks.

People want their money now, they don’t want to wait for decades to realize their gains.It’s an understandable objection because the land banking strategy does take a long time to implement.