We are currently using quickbooks and looking for a property management software company with features to more efficiently meet our marketing, tenant screening, lease paperwork, maintenance requests etc..

If I do a real estate tranaaction every year or two it more than covers my costs and gives me access to MLS.

I have to use the entire security deposit to cover lost rent.  

If you are looking for a place to own and have the rents cover the expenses, you may be able to get away with even a little less than 1%.

The reserves that we did have, the former board repeatedly tapped into to cover small expenditures less than $10k which you are not supposed to do, and they did not fund the reserves for future projects (such as painting the community, paving the parking lot, etc.), and we owed over $98k to our reserves when I took over.  

I am a CPA with 30 years of practice.It looks like the previous posts pretty much covered the tax benefits of home ownership:1.

You can do the same work by setting up some simple screens in your local real estate webpage (in Houston it is HAR.com).

I was hoping to simply cover my costs and have the 110K back to use on my next purchase and renovation.

Listened to him on a podcast but forgot which one.Next I hired PatLive to answer and screen all phone calls for me.

You don't want to hear "The hole in the wall and broken screen were always there."