It's important for them because wholesaling is a fairly low cost of entry business with a wide reach.  

Not even clear on what all of the data means.

Dominic -I run a design build business; I've been where you are... having books that are weeks to months out of date is horrible and can spell disaster as you make decisions based on bad and untimely data.What we've done, after years of trial and error and tons of money lost on bad solutions, is the following -* Off set accountant who does monthly reconciliations and statements, year-end taxes (We run on basis of completion, which I recommend you switch to immediately)* Off site book keeper who does day to day data entry* Quickbooks on a server on the internet so everyone can log in remotely* Paychex handling weekly payrollDon't pay an accountant to do your data entry, it's usually way too expensive and not necessary... don't pay your data entry person to do your monthly reconciliations and statements (They don't know enough, typically).

Out of state can have better cash flow and lower entry costs, but less appreciation and more turnover/management issues. 

You may want to run various scenarios of appreciation or no appreciation.In all of Denver metro homes have appreciated an average of ~6% a year for the last 45 years (1974-2018 - the data is pulled REColorado).In Denver, home prices have gone up in price all but 4 years in the past 44.

In no particular order I have listed some of the most popular markets for out of state investorsCincinnati, OhioDayton, OhioToledo, OhioYoungstown, OhioCincinnati, OhioMemphis, TennesseeSaint Louis, MissouriIndianapolis, IndianaDetroit, MichiganErie, PennsylvaniaLouisville, KentuckyMilwaukee, WisconsinJackson, MississippiEach of these markets is popular with turnkey investors because of the low barrier to entry, high rental demand & high rent to price ratio.

Sorry, if I missed these data points but something isn't adding up here.

I mean, the most you have for receivable entries is half a dozen and probably the same on utility bills. 

Do your own calculation utilizing an actual paper form and by following the form instructions very carefully and see what you get.BTW - I use TurboTax and for some very odd reason Sch B was showing pennies on my entries, but nowhere else in my return did that happen all were rounded as expected.

I never have to do any data entry.....don't see some of the more sensitive info.....