I pieced together multiple veteran TaskRabbiters.So... yes, I would, and a bunch of people do.

Get a disinterested third party involved to be your eyes and ears... well worth a few hundred bucks.  

Hard work, patience, and increase your passive income piece by piece while trying to do larger flips/wholesales at the same time.

I sincerely wish you luck, but think that if you opened your mind and ears half as much as you open your mouth you'd likely become much wealthier.Even if all of your efforts to increase NOI pays off, if you were in my market 5 CAP = $2M, same amount of work and the improvements would cost the same, just more than double the value added, and rents will actually increase above inflation over time.

Frankly I don't think you need a piece of accounting software unless you're invoicing people (which you may want to do if you're a private lender).

For needing a POF letter that is usually something a bank asks for.If you are dealing with regular people it is less likely to come up.Even for a bank type thing you can get POF letters online, don't use them if you aren't totally sure you can close, but if you just need to provide a piece of paper to go in a file it gets the job done.However if you are trying to do REO properties you can't assign those so you better be prepared to actually buy the place and double close, or have something setup before the offer with trusts or LLCs where you selling your rights in those things.  

By ear? 

There could be little or nothing left after everybody gets their piece of the pie.There may even be a deficiency it the mortgage is not paid in full. 

But when I tell you that I could not believe this perfect piece of paper was a fake check, I am not kidding.You deposit the check, and about a week later, the financier calls in distress.

When you form the LLC to take title to the property you are no longer buying a piece of real estate the LLC is.