Thanks for your reply, I'm using different accounts per business and do not commingle the funds.I think that leveraging the class/location feature in Quickbooks can be good enough to differentiate the accounting aspect of the three.Currently, I decided to setup the properties as customers, and the tenants as sub-customers of their respected property(=parent customer).

@Nick Robinson I respectfully disagree with you.

My cash flow on the 2 rentals is roughly 700/mo although I roll that back into the payment on both respective homes. 1 of the rentals has 100k equity in it, the other has about 35k and my primary is a new purchase so only has 15-20k.

But he did mention that he wasn’t tracking water expense — so that’s something to consider.My second comment is with respect to contracting.

The proximity to shopping on Truxel, access to the river, an ability to shoot to the Bay Area real quick if need be, the new construction over there is great for property values and there’s a ton of improvement going on in south and north natomas respectively.

The cap rate is going to depend a great deal on a properties respective market.

If you're uncomfortable or unsure about any of the finer details, review each of these items with the respective subs or your GC beforehand.

My brother in law is a Lexington firefighter so much respect to you and your day to day!

The rest of the portfolio I would need someone on the ground I trusted 100% and respected in those neighborhoods, because I wouldn't feel comfortable walking those areas with a uniformed police escort ... so comfortably double digit caps there.

I respect that.