We've been working on bylaws, registered as a non-profit, set up a bank account, drafted application forms, discussed membership fees, and a whole bunch of other stuff.

Account Closed.

Account Closed I am confused how a title company is already involved in the transaction. 

Also, my tenants pay for water and it's in their name, but I have a landlord account that reports to me if the bill is unpaid. 

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.