It was worth every penny because now I’m properly organized and it significantly cut down the amount of time it took my accountant to prepare my taxes.

If you use credit cards, I recommend having a designated credit card that you solely use for the rental property as well.This will keep your transactions for the property very organized and easy to find for tax season assuming you don't already have bookkeeping set up.

The few individuals investing in real property in a small way were few and not organized into any recognizable grouping.In 1957 Bill Nickerson’s book “How I Turned $1,000 into One Million in Real Estate in My Spare Time” was published.  

Call the organizations and explain what you're doing and someone should point you in the right direction.

Specifically, I am unclear what the best way is to organize my subaccount; Do I open a new account per property?

Plus it better ties investment performance throughout the organization from property porter up to CEO.To your point, there are some vertically integrated operators that charge above market fees for their internal operations.  

You'll be amazed at how it keeps you organized and prevents those dreaded oversights and costly mistakes.

Understanding the requirements will streamline the inspection process and make it easier when the time comes.Remember to keep organized records of all communications and documents related to the program.

Much like there's "organic" produce and "certified organic."

@Terris Elliott It is very easy to file the articles of organization and obtain an EIN.