Hemlane.com is a management software I use, very effective and affordable.

Thinning the herd is amazing and should be done yearly just like you are doing.

What always amazes me is the HOSTILITY. show by an OP when someone responds with an answer he doesn’t like!  

@Logan Allec is 100% correct, as usual.What your accountant missed is a checkbox in his software.

One thing to remember is that while BP is amazing, it is a business owned by a VC firm.

Your photos must look amazing, just focus on the amenities and rooms that look the best.

I'm in the process of building my portfolio into the program but am concerned on it being a turn-key property accounting software.

If you haven’t already, consider learning underwriting software or creating a detailed spreadsheet model to speed up your analysis and make apples-to-apples comparisons across deals.Third, as you’re building your team, focus on finding partners who align with your goals and strengths.

Personally I don’t like being cash flow negative on properties, but I guess if you have an amazing W2 and a good reserve account and the new property is going to cash flow really well then maybe consider it.

However, the people who use rules of thumb don't have sophisticated software that can analyze deeply thousands of potential deals every day!