Bookkeeping 101: assets increase with a debit, liabilities increase with a  credit.

You mentioned a track record, how do you make one or start one, all I have is the my bookkeeping and floorplans?

(North of Houston) When I ran employment ads with the word "bookkeeper"I would get hammered with resumes back when we were 5%. 

She does bookkeeping and taxes for many RE investors here on Oahu.

For bookkeeping, I have been using excel and doing it all myself.

I'm very efficient with Microsoft Excel and could offer some bookkeeping or paperwork catch-up in exchange for your time, knowledge, or skin on a deal. 

It's a simple one page filing with an Articles of Organization and a small fee.Of course, depending on what you're using the LLC for, the Operating Agreement, bookkeeping, etc, could get expensive.

Note, you could run several businesses from one LLC (flipping and lending, in this example) and account for all income and expenses from one checking account.There are many bookkeepers that specialize in QuickBooks who could help you set this up and show you how to use it.

We also bought this property because of the adjoining parcels that we own and the potential future development opportunity we have in owning both parcels.That being said, I do believe this is a temporary rather than permanent issue and I would initially prefer to try to work something out with the tenant, rather than try to get them out.Regarding the % sales model, have you seen this work well with mom and pop tenants in a cash heavy business and self-proclaimed bookkeeping?

Tenants pay rent online, electronic signed leases, online applications (I still use Zillow for listing properties because I get better results) it’s my book keeping and it links with another site for sending out 1099’s.