If you were planning to use Buildium primarily for general bookkeeping in addition to the accounting your PM provides, then there are much cheaper options without all the extra features you wouldn't use.

Hello, we have a S Corp and looking for a virtual bookkeeper - familiar with real estate.  

Agree with above.The pros are that a large portion of the rent is virtually guaranteed, that you have another party to try to work out tenant issues with, and that the tenant is a little less likely to leave since their voucher limits their housing options.The cons are the hoops to jump through to get your property inspected, it can make bookkeeping a little more complicated with a property manager, and generally lower quality tenants.We don't actively look for or shy away from Section 8. 

I can already tell you one area, bookkeeping, if someone could simply type in "paint at 2333 S.

There are several other expenses that you have not listed:- Vacancy %- Lawn care- Snow removal- Utilities for common area (if applicable), Utilities during vacancies- Pest control- HVAC maintenance- Plumbing- Administrative (evictions, bookkeeping, advertising, etc.)- Property management - You should budget for this even though right now you plan on self managing.  

My goal is to get an virtual assistant / bookkeeper / office manager to handle everything and I'm just trying to figure out if its a must if they need to know quickbooks.  

Doctors and lawyers find themselves looking to "invest" for the long term in Real Estate, but, they cannot manage or repair or even take care of the bookkeeping and taxes.

For that business, I like it and it suits my needs.Our bookkeeper for the rental business is retiring.

The issue we are running into is double and triple entries required by our bookkeeper because Appfolio accounts don't sync.  

That said, there is a laundry list of things she kind of helped herself to when she was doing the final bookkeeping after the firing.