You can set up each entity as a location and each property as classes, the downside will be more work (since you will need to fill out additional field for every transaction) and if you don't have a good system in place, it could end up in a mess.

Children have a responsibility and that responsibility isn't to try and figure out ways around the system when it becomes inconvenient financially.

I'm a little over-extended right now but never miss a payment.Would love someone to help me navigate these waters ... or tell me that it's not the right course for me at this stage of my life, if that's the case.Thanks!

This way, I don't touch the original funds at all, and I can't touch the payback funds until all debt payments associated with it have been paid.This is a proactive, risk control.Now this is just a 30,000 ft view of how I do it, details and other aspects of this system not mentioned here, but this overview of it should give you at least an idea of how you can handle it at your end....and what @Jay Hinrichs just wrote

However, check with your local electric company, water company, and city and county. 

Water runs down the street, and enters a thoroughly inadequate drain - it is both small and horizontal so it clogs easily - and then over flows, running down the stairs to the lower patio.

(Toilets are a big one)- Deteriorating paint (lead is extremely common in cities like Rochester)- Breakers, furnace filter(s), water heater(s)- Damaged/broken stepsI think it is a little ridiculous to go around and nitpick with a checklist, but we do check for issues that would cost us money down the road, or are safety issues for our tenants (and properties).

Managing my own properties and building systems/processes to become the best hands on property manager will help me jump into creating my management company to where I'll be able to offer the same quality service to other investors who don't want that responsibility. 

This shows that it is all about a system. 

We have an apt building in Chicago that is older and that has one apartment gutted but we found out there is a water issue and foundation.