We outsource the leasing process. 

With a property your size, you will probably want to outsource this - plan to revamp the exterior to give the project a new look so people "see" the change - establish ground rules, thresholds, within the law and stick to thembest of luck

.), 4) learn how and when to make repairs on my own and how and when to outsource them to handymen and contractors, 5) start building connections with other professionals in the real estate industry (agents, contractors, lenders, insurance brokers, lawyers, accountants, etc.), and 6) start building experience and a track record in the real estate industry which would later allow me to move onto partnerships, joint ventures, and bigger and bigger deals and opportunities. 

My opinion is this (formed from personal experience investing in just about every way possible - house flips, wholesaling, short term rentals, long term rentals, new construction, NN commercial, NNN commercial)The most passive way to invest in real estate is buying a NNN property and outsourcing the administrative work (invoicing the tenant, paying the tax bill, etc).

@Danielle M.You need a separate QuickBooks account for each entityIf you buy in your name or a single LLC then need one account, you just have each asset as a separate class.My recommendation is to outsource this task

We ended up outsourcing all the management after hitting 3 properties. 

This will obviously increase my costs for buying/flipping and even renting as I will have to outsource general repairs and maintenance.

I am trying to understand the need for Managers at a Mobile Home Park.Assume:Off Site/Out of State/Out of Country/Outer Space InvestorOnly leasing land - no rental units.Tenants responsible for paying own utilitiesPayment POBox or bank located nearby and handled remotely.Landscaping shows up or doesn't get paid but is an outsourced vendor, same with garbage.Road needs to be paved x times every y years..Then what do you need a manager for?

I did my own books for a while and hated it so I outsourced it as soon as I could.The point is, a property manager is another person that helps your business.

If you plan to go big scale, then you will eventually outsource your bookkeeping and accounting to someone so you can focus on more deals.If you or @Eva Croasdale are interested in a DIY route, Keith Gormezano (a.k.a.