It handles book keeping, tenant and vendor information, property information, work orders, etc.

Or what kind of advice can anyone give me about the book keeping side of it.Thank you

Bookkeeping, maintenance, vacancies could all be a huge headache for you.

Accounting and CPA work shouldn't be more than $100-$400 depending on the complexity of your return and how much bookkeeping you need.

Payroll, bookkeeping, etc can mostly be done remotely.Here is a great list of questions to ask a potential accountant:http://www.biggerpockets.com/forums/51/topics/70447-questions-to-ask-a-cpaAlso check out the www.NAEA.org page in your search.

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

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.

In no particular order: liability insurance, workers comp insurance, payroll taxes, advertising and marketing costs, professional services (bookkeepers, accountants, CPA's, etc.), fuel, permits and inspections, drawings and designs, bad debts (surprisingly not everyone pays their bill - this is what mechanics liens are for), and tools & equipment.In Cuyahoga county, every town/municipality has different rules about what a contractor must do to work in their town.

Separate bank accounts, separate book keeping, separate mileage tracking, etc. 

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.