There is also all the bookkeeping that is required.

In Bridgeport, CT the investment is about 10% of rents collected which frees you from taking resident phone calls, coordinating maintenance, leasing vacancies, bookkeeping and accounting P&L's, conducting inspections and making property payments.

I am looking for a bookkeeper for my property management business who is very familiar with Buildium and preferably someone in the Richmond, Virginia market.

I know folks that have 100 to 200 SFRs in a market and they are a business full time book keeper full time maintenance and a leasing agent. 

The level of protection often varies based on how your entity is established and how good your bookkeeping is. 

Also, bank statements aren't great for bookkeeping.

The downside is that if you have no accounting experience you probably will need a bookkeeper to help set you up.If you feel like going for it:1.

@Jeremy Dockendorf I do bookkeeping professionally for horse farms and trainers.

- Can someone send me their PDF Template that they use??

Most likely your property should be categorized for one of these.You should definitely find a competent CPA and have him or her solve the issue but I highly recommend you to study at least basics about not only depreciation expense but also accounting / bookkeeping for real estate / property management.