You should NEVER use an online template as most of those are easy to trample if need be.

It depends on what type of experience you want to have.

I haven't had a CPA push back on this before. 

They were great until they put a $1M limit on my policy because a couple of my homes ha pools.

Any tips on how can i find a bigger group to rent to on monthly basis ?  

What better thing to do on Thanksgiving Day than learn about real estate investing!

The short answer is yes, they should provide you with an itemized reciept and if they are markign up, that should be a clear line item.

For further learning, here are some solid bookkeeping books that can enhance your knowledge:"The Book on Managing Rental Properties" by Brandon Turner – This book covers not just the property management aspect but also has sections on bookkeeping and managing finances."

IE the buyer themselves buys low end tough to manage assets because they look great on paper.

Periodically checking the realtor.com and zillow "sold" listings in your areas of interest will keep you generally informed on what properties are actually selling for.Feel free to reach out with any questions during your research phase, happy to share some additional stats/info.