And I realize this is not a new topic... but sometimes hearing it a different way helps.My advise to those planning on having more than one business venture in real estate is to set up a separate LLC from everything else just for rentals. 

Its the classic financial philosophical clash between Dave Ramsey's debt-averse approach and Robert Kiyosaki's leverage-focused strategy.

Daniel, like others have said, many use Quickbooks that can be tailored to fit the rehab business.

This deal showcased our efficient transaction strategy and commitment to delivering profitable outcomes.

Passive Investment - Buying and holding performing notes for interest income and or investing in debt fund/partials ownership Active Investment - Buying non performing notes to either modify to reperformimg or foreclose for real estate ownership; “working” the notes in your portfolio; or “creating” high yielding investments through various meansNote BUSINESS - Running a note fund; syndicating notes, buying and selling notes, creating partials, brokering notes, etc. 

I do understand that most businesses are having trouble with labor these days but I shouldn't have to pay thousands of dollars because of my PMs problems. 

Just like VG Jason said, do your own due diligence, trust but verify and run your own business.

Look at their marketing strategy.

However, house hacking is a POWERFUL strategy for getting your foot through the door.

Looking for some creative advice that hopefully minimizes the tax bite.My business partner and I own two houses free and clear in our LLC.