Quote from @Krishnan Iyer: Hey Tom, I use Stessa to manage all my income and expenses (bookkeeping) for all my properties.

TYI still know property managers who swear by them.

These all require applicants to submit an acceptable Letter of Explanation addressing each specific issue and occurrence.Rental HistoryBecause a current landlord may say anything to get rid of a bad tenant out of desperation, we also require information for the previous landlord of all applicants…Analyze IncomeMany landlords require a month of paystubs from applicants and just use these to calculate a monthly qualifying income…Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment…AssetsWe are one of the few management companies that requires a bank statement as part of our application process…Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter of explanation (LOX)…UnderwritingTraditionally, landlords have only looked at the income of applicants…ApprovalOnce an applicant is approved, we require a nonrefundable Holding Fee to make sure they are serious…

I was wondering how people managed to scale their businesses faster.

Even help with after you get your property with calls that help you manage the property manager!!

I'm always surprised how expensive Portsmouth is by comparison.May I ask how much you plan to DIY the property management? 

After Mass Mutual, I spent 10 years at Fidelity Investments, specializing in different areas of finance, including managing a team specializing in insurance planning. 

Buy and holds is the key to true wealth with all the benefits of depreciation, appreciation, loan pay down by your tenants, leveraging the equity, cash-flow etc etc, but it often times isn't the active income that pays the bills until you build up a portfolio and even then there's the tenant management or managing your property managers.That's why I'm involved in all 3.

There are tons of articles and Youtube videos to help you with setup and monthly management. 

., co-managing or contributing funds) could make the LLC or its profits community property, affecting future claims or division in a divorce.