It should clearly state the operating income, operating expenses, and net operating income.

I see a conflict of interest in your role as fund manager and principal in the “operating” company.

It blows my mind that you can actually start and operate a legitimate business in the US without telling the government (not the public) the name and address of the owner.

When you are investing with a capital raiser, you are ultimately investing in whoever they are partnering with as the operator, and you must do your due diligence on that complete team and look at their track record. 

Servicers have merged and operate on thin margins.Refinancing with a credit union or bank doesn't solve the problem.

If you have a business entity(you want to properly track money going in / out from its owners).They will likely be classified as contributions / distributions.Best of luck!

They don't all offer the same servicers (default management, document services, tracking of taxes and insurance, escrows, etc.), but I am with you that communication and competency are key.

I use it for expense tracking (which is great) and have been transitioning to rent collection/cash management.  

The key is to pick a lane—focus on improving as an investor, finding great deals, and letting a solid property manager handle the operations.

I use QBO to keep track of my properties and do this for my bookkeeping clients also.