Not looking for recommendations on personal budgeting tools, but rather the creation of accounting statements.

I am accounting for utilities, insurance, advertising on top of my $750/unit. 

In addition to the items you've mentioned, make sure you're accounting for utilities, trash, water, property management, and maintenance reserves when running your analysis. 

,Zillow is typically wrong, it is a tool that doesn't take in to account many of the variables, I would put little weight into it. 

Another item to keep in mind is that, in many states, in addition to the "homestead protection" mentioned above, most types of retirement accounts are also protected in lawsuits. 

I am looking to learn as much as possible and assemble a team so that I can invest out of state in the Connecticut market by the end of this year.Some background on me: I am 25 and currently operate a Social Media Management company where I build my client's Social Media accounts.

I have already discovered they don't answer their phone, don't have website account access and don't take credit cards.  

set up accounts on auction websites or contact your local realtor for a list of foreclosures on the MLS

Having the vacancy, capex, ect. accounted for is always a good measure.

Account Closed I'm an investor and also a real estate agent in the Fayetteville area.