Let’s say hypothetically the P/I is $8000, the property tax is $30,000 (divided into 4 payments), and insurance is $4000 (one time a year), and the expected random maintenance  is $2000 annually? 

I hope this post is ok.I want to say I am new to RE investing, but really I've been investing in REITs for close to 15 years, and over the past 2 years have been underwriting hard money loans (using Groundfloor).

It is rare that investing money in a property would DECREASE the value, but will this investment increase the value of your property?

Instead, I should:Record the net rent (gross rent minus PM fees and expenses) as income in QBO.Log any additional expenses I directly pay, such as mortgage payments, insurance, property taxes, and other business-related costs like gas for business travel, meals, business licenses, and office supplies.Does this approach align with the correct practice of differentiating property accounting from corporate accounting?

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

“Bad” if they lose all money, or if they lose some money but fail to communicate.  

How do you keep track of insurances expirations, taxes dates, equity growth per house, rental growth in your area ? 

@Michael FradettePrivate or hard money 2nd position loan.Also realize most lenders will not go above 75% cltv so you will need to have a significant amount of equity That is if you can even find a lender to do a 2nd

I took a leap of faith investing my time and money into it, however I have no regrets.

If you are going to select a Realtor, Banker, Wholesaler select them based on industry knowledge, tenure and success in their field.I offer this in an effort to avoid lost money and most importantly lost time...