@Mike Hurney ,I"m not quite suire what you meant; however, you are required to do full bookkeeping with any business venture.

@David Beard - the only annual/recurring work that I am aware of for my 401K is accounting/bookkeeping which you don't need a 401K administrator for and to file a 5500-EZ if your account is over $250,000.

For the former, it does not seem like enough for an accountant, but you could look into what a bookkeeper would cost vs the services provided.

Like running around every Friday and Sunday putting up and taking down bandit signs or cold calling prospects or list/lead generation.Learn accounting and book keeping, just do it, start now.

However, Finding a real estate bookkeeper / accountant has been difficult for a reasonable price.

There are no workarounds needed for this as it is built for property management bookkeeping.

your book keeping needs to reflect this. 

There are also many other website template creators out there that are easy to use and you can customize to make your own for low cost.In regards to security deposits, I find that vacation rental guests are deterred by large security deposits and the back and forth of returning them can be a nightmare for bookkeeping.

Expenses paid by landlord (bookkeeping, taxes, PM fee, snow/lawn, utilities, maint., insurance, water/sewer)=$17,355 annually. numbers provided by PM.

Let your bookkeeper track expenses per property in Quickbooks or some other program.You may want to consider a separate escrow account to protect Security Deposits.A bigger consideration is how many houses do you want under the same corporate name?