Payroll, bookkeeping, etc can mostly be done remotely.Here is a great list of questions to ask a potential accountant:http://www.biggerpockets.com/forums/51/topics/70447-questions-to-ask-a-cpaAlso check out the www.NAEA.org page in your search.

also when I close deals in South Carolina some brokers take my EM and others send to closing attorney the ones that take my EM  then give a credit on the hud against their commish again to me a bookkeeping nightmare and way more liability than I would want to take..Not sure if you do it.. but in this state we will use promissory notes for the EM  that need to be redeemed for cash upon mutual acceptance this allows the EM to be valid at the time the contract is written.. if you don't redeem the note and send in your cash the contract voids.. 

Dear Bigger-Pocketeers,My fiance and myself are starting out on the path to real estate glory and are looking for recommendations for the best entry level software that you are using. We have purchased a multi-family ...

But this is a logistical and bookkeeping nightmare.

Since I am very new and green, I'll continue to crowdsource insights/ideas. How do you keep track of your expenses for each property? I want to be able to have separate P&L statements for each property. I am think...

Does anyone have any advice on good bookkeeping software for rental properties?

Even with a two member LLC where the second member is your spouse I think the cost, complexity and added book keeping of multiple tax returns outweighs any benefits financial or from protection. 

I guess it all depends on whatever your company policies and book keeping methods are.

CPA's & Bookkeepers can be in any location.

Hi, I am wondering if anyone can recommend or share what they use for book keeping for an investor?