From the way that you worded your post, it sounds like you are not looking to spend a lot of time on your real estate projects.

Procedural errors will now be catastrophically expensive.What's going to happen is that many landlords and nearly all tenants won't know about the changes, so only a few landlords will get burned at first, and that amount will grow over time.

I want to be of value and gain value from this community, I am here mainly from my desire to realistically create a passive income over the next decade or so.

After listening to some of the Bigger Pockets podcast episodes I have learned that multi families are better with cash flowing but can they also obtain lots of equity over time in the right market ? 

I'm Lisa Cervantes-Glynn from Denver passionate about real estate investing for over 15 years. 

They all have various degrees of accounting functions, but most are cash-based accounting.A CRM software, like Monday, is usually stacked "on top" PMC software to synch and add automation options.QuickBooks is then synched to the PMC software to give greater accounting flexibility for transactions other than lease-related and allow accrual-based accounting.We use a PMC software Propertyware and a CRM software, but stopped using QuickBooks over a decade ago as was too redundant.

It's long-term capital gains if you owned for over a year and are taxed at 0 percent, 15 percent or 20 percent depending on your tax bracket. 

Since 2006, we've borrowed over $300 million in private lending and have a 100% track record of paying clients back with principal and interest. 

I'm from Houston with a background and experience in construction for over 10 years.

If you are consistent with learning real estate over the next 4-6 months, you’ll be ready to purchase your first (or next) property in NO TIME!