Wave Accounting is a good free alternative and eventually when you scale up; the transfer to QBO or Xero is relatively painless if you just do an opening balance JE or other methods.

Thank you in advance for the feedback!

4) If bank were to foreclose on this property what method would they use to remove this lien?

Thanks in advance!

Hi, this is my first time posting in Bigger Pockets so thank you in advance!

From what I have read, wholesaling and lease options tend to require little money to start, but I also know that the lease option is a fairly advanced method.

I suppose I could lease-option the property for a shorter period, lets say 3-5 years, but I would still want to take over the mortgage, so that I can benefit from the rapid pay=down of the balance.Thanks in advance for further thoughts.Bill

All the ideas listed here are great tried and true methods.

If anything is in violation, I apologize in advance, and will make any necessary edits. 

Thanks in advance!