This allows me to regularly check (annually or biannually) to make sure their rates stay competitive.I do use a bookkeeper/CPA that keeps an eye on all of my payments and accounts.The bookkeeper/CPA is my second set of eyes on my finances and helps hold me accountable and even fixed things before they get urgent. 

Individual bank accounts nicknamed on each property to keep things consistent with bookkeeping.

I do bookkeeping myself but if i buy more properties, maybe outsourcing bookkeeping is a good option.

We do not charge for the hours of bookkeeping, phone calls, etc. 

Yes separate bank accounts for each, then some bookkeeping software that tracks it all separately for you.

It makes bookkeeping much easier if everything passes through one accountIn total I have 4 main accounts that I use.  1.

@Andy Paul what @Aaron K. said in the order is pretty spot on, I would just add a book keeper/ accountant in there if you have a lot of properties or not using a PM.

To make it simple for book keeping, I HIGHLY recommend setting up a separate checking account with debit or credit card to not have any excuses of 'too hard to keep track of' things.

Also talked with Quick Books online today for bookkeeping software...   

I am very involved with the manafment company and the bookkeeper in management decisions.