I just need to be able to track expenses and allocate to each project.

The portion that is allocated to your primary residence you could sell and take the profit tax free. 

You have no money allocated for fixing up the big systems, Capital Expenditures (Cap Ex), operations, or property management. 

Not to mention one factions constant talk about "pay your fair share", well ok, that's an easy way we get there, the person buying cans of tuna pay pennies and those buying tins of caviar are paying tens of dollars per, that is a common sense SIMPLE "fair" allocation. 

It represents allocation of the sales price when they sold this property later on.

But the reality is that the dividend represents the allocation of the net earnings on the company's general fund to every policy owner.

If your county tax assessor has allocated 75% of the property's value to the dwelling structure (improvements) and 25% to the land, then your depreciation basis will be 75% of your purchase price over 27.5 years.

My minimum take of any deal is 25% where I share in cash flow, allocated tax benefits, and back end profit. 

Your a 1099, so you have to pay your own tax's, so after allocating for that what you ACTUALLY get is $3,624.40You spent 60 hours talking to and working with potentials that resulted in 0, to land on this 1 that DID result in income, and spent another 30 hours in total on this, making for 90 hours labor investment too achieve $3,642.40.   

If they know you have extra cash allocated to the project they are more likely to come back to you with their hand out at the first opportunity.