From General maintenance, tractor work, bookkeeping and business software tailored to our needs.I have recently taken a more hands on approach with the office complex as the former manager was not doing a great job.

,I know I need to file taxes, do the bookkeeping, screen tenants, have strong leases, insurance, and know a bit more that the average dame when it comes to structural issues and maintenance since my parents were builders.  

My think tank in smart living company name Forward Investments: is my internal group; no lets use you: Real Estate Investment office for example: accountant, bookkeeper, researcher, negotiator.

. :)So I have a question about how to properly handle the bookkeeping and finances in a business.

Payroll, bookkeeping, etc can mostly be done remotely.Here is a great list of questions to ask a potential accountant:http://www.biggerpockets.com/forums/51/topics/70447-questions-to-ask-a-cpaAlso check out the www.NAEA.org page in your search.

@Brandon Turner, You are a legend in my book. Keep

I am wanting to really step up my automation in my business in the next month or so and know that bookkeeping needs to be on that list.

I don't do any work - just supervise, order materials and do the bookkeeping.

Tenants use about 30% more water and do not generally report leaks.Take 60% of gross rents for a D area with higher evictions and make readies and collection efforts with increased bookkeeping.75,600 X .40 ( 60% costs) = 29,240 NOI29,240 at a 10 cap is a value at 292,400 ( This is optimistic as D areas trade for 12 caps usually).175,000 purchase plus  estimate likely 13k to 14k a unit rehab so about 196,000.

If you are a bookkeeping client, I will have either prepared your books myself or checked over your work at quarterly intervals throughout the year at a rate of $25/hour so that in February, I already know your books are pristine and I can proceed with analysis, data entry, review and offering opinions for future tax savings (assuming we didn't do a tax forecast in the fall like we should have).