Transcribing transactions from bank statements, posting transactions to the correct accounts, and then manually creating an income statement, statement of owner's equity and a balance sheet is a fairly time consuming process and I have not been able to keep up with the book keeping between my regular work responsibilities.What accounting software do people recommend? 

Then when the real owner of the credit card number found the charge, they did a charge back.

Seasoned real estate investors are generally best suited to make this call.

That’s where real savings happen!

Can you add more insight to the situation of how many people are involved

Also, I like mentoring a few people interested at times, but find it very frustrating.

You might want to talk to a banker and real estate agent before deciding.

Your appreciation will be inflation, which is real appreciation because of leverage. 

The only real difference is when you start collecting rent after purchase.How have you weighed this against the probability of tenant nonperformance?

In that process, I got my real estate license to buy the house and save on fees.