Entities that are not "disregarded" need their own QBO to ensure their balance sheets remain 100% accurate.We do run into an issue every now and then with some transactions that don't allow us to designate the customer/property but we've found ways to get around this and still have the transaction reflect the appropriate customer/property.This allows us to pull all the financial reports our Clients and their tax pros need to see.I'm in no way saying our way is the end-all-be-all but it works for us and our Clients' tax filers/advisors.There's a FB group called, "Bookkeepers for Real Estate Investors".

Contracts are not for when things go right, they're designed for when things go wrong. 

Purchase price: $220,000 Cash invested: $75,000 Sale price: $300,000 Beautiful 4Br 3 bath 2200sft Single family residence uplifted to its glory, and contemporary design and style.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

Paid cash for the land, and I have started to work with an architect, surveyor and septic designer on the build out.

For every dollar put in, the deal is designed to generate the equity multiple dollars out.

The modern features and amenities can attract renters, and energy-efficient designs might help keep utility bills down.

If that baseline average is an acceptable figure, then go a few notches up from there with your design and amenities and you should do well. 

Look for the Certified Cost Segregation Professional (CCSP) designation, which indicates certification by the American Society of Cost Segregation Professionals (ASCSP).

Then if you are only looking for cosmetic flips then you limit your targets and increase competition because every wannabe HGTV, realtor, interior designer, contractor, handyman is looking for the same easy flip.Its doable but lots of strategy and organization, hustle.