We built out our own portal and accounting database for that functionality because we were not finding good software that could handle a higher volume of receipts AND tie it in with the rental property accounting. 

I like the functionality a lot but it seems that once a month there's a new bug to contend with that's eating into my time.

I never used it in the way you are describing but I can attest to its functionality.

As long as your kitchen and bathrooms are in good condition and functional, there’s no significant ROI in fully renovating them.

All the old, sadly "bad" neighborhoods in cities all over the country are these kinds of homes that we now call "functionally obsolete."

Laminate is absolutely fine as far as function and pretty much in durability.

Maintenance/cap ex is primarily a function of unit features and tenant quality and not a function of the rent.  

A couple things to understand:- Rate is a function of price.

I have no need for the rent collection or tenant screening as this is a function my property manager does for me. 

The maintenance/cap ex, not being a function of the rent but a function of the unit and tenant, will consume a significant portion of rent.