Hi @Michael Frankel In addition to hiring a new accountant, this might be the time to engage a real-estate-savvy bookkeeper as well.One of the important observations we made as we began to scale was that our accounting needs had grown into two separate functions.

I’ve had great success hiring offshore talent in a variety of roles: property managers, project managers, administrative assistants, interior designers (more on that later), bookkeepers, etc!

I would also prefer to have software that's cloud based because I have multiple computers and do my property management bookkeeping while traveling.I currently use Google Sheets to track all of my expenses, mileage, rent collections, etc. and I feel like I'm capturing everything, but it doesn't create standard accounting documents and reports.Any suggestions on software?

I have clients worldwide that I assist with bookkeeping, audit representation and tax preparation.http://blauco.com/

Not only that, having multiple LLCs may increase your chances of a potential plaintiff piercing your corporate veil since most people are terrible at following corporate formalities (especially when it comes to bookkeeping). 

Yeah, you can open accounts in many more banks to get around those FDIC limits - then you are back to more work especially if you do the bookkeeping.

I pay a full time bookkeeper, an inside closer for our deals, and the office space (I own the building).

BUT, it's Sunday night, I have a doctor's appointment this week, my left knee hurts and I really need to get that checked out, I've launched some new marketing pieces and expect the phone to be ringing by Wednesday, I have a few rehabs going I need to check on, my truck is full of stuff that needs to be unloaded, I have an appointment with my bookkeeper this week.... 

First was a part-time bookkeeper that also did misc. office tasks.

I work as a bookkeeper during the week and go to school at night studying accounting.