The translation to this in real estate would be, a highest performer of a brokerage, (after learning the ropes and killing it),then creates their own brokerage.

When you said  "New Construction" I was assuming, wrongly" that you meant buying a newly constructed home and perhaps thinking you were getting some kind of bargain that created equity. 

I created the following decision tree diagram to illustrate the decision process (click to enlarge).The above decision process is based on the property’s performance record, with the goal of achieving financial freedom in mind.Financial freedom is not just replacing your current income.

Check out FilePlace, where user-created forms are available for free.

However, if that is undesired i would create a single account to hold all deposits.  

This falls under that category, by not keeping the heat on, you are ignoring basic maintenance and creating a potential risk.

We worked with a lawyer over there who is a US ex-pat who created and registered a local LLC for us, which owns our properties.

One of my friend happens to be a RE agent, landlord and a property manager himself and he seems to feel that as long as she pays rent on time and does not create nuisance, not to worry much and just keep do a quarterly property inspection.

If the property breaks even, or operates in the red currently, it will only operate deeper in the negative (unless you find a strong ROI like creating more bedrooms, convert a non living space to living space, etc) with another loan. 

Additionally, not all transaction types support Locations, meaning you'll have to create journal entries to correct them—requiring a solid understanding of debits and credits, which can be time-consuming and error-prone.Instead, I recommend biting the bullet and upgrading to QuickBooks Online Plus for each entity.