I was wondering if it is common practice for property managers to supply bookkeeping services as well?

As an upstanding business owner, you're probably doing really great bookkeeping, so you've got records of all your income anyways (it sounds like).  

I am also very new to all this so I really don't no the right answer but I would talk to a cpa and a book keeper to get some answers about money transfer and paper work don't give up sounds like your got the ball rolling

You should also get a loan servicer in place if you want accurate bookkeeping and tax records kept on behalf of the lender and buyer.  

Some of the years the property listing was the size of a phone book.  Keep

Quickbooks is for "bookkeeping" - a good CPA will help you with tax avoidance [not evasion].When you form your LLC, be sure to use a competent REI attorney to setup it up for you and DO NOT do it yourself.  

Holding the note as opposed to being the landlord = not paying bills, typical maintenance, less book keeping, less work.

Property manager, contractor, financing, lawyer, book keeper, deal finder, anyone else who will be vital to your business.

At this point we will not have employees other than dealing with contractors, but I can foresee in the future requiring a bookkeeper to maintain records.

We have rental properties with 3 different property managers around the country and also a couple other properties that we self manage.  I am trying to determine a way of keeping track of our return on investment and ...