We are here to create, we have the power to choose our own path.

The mortgage and all the bills are automatically paid. 

Your book will still be a mess.You get a typical bookkeeper that can pay bills and enter receipts.

Shortly after we purchased solar panels with a lease to own option ( lein) . 2 years later I was out of work for 1 year and we fell behind on Bill's.

Just remember its a little different and you have to submit bills etc.

Is the Bill Vaughn's "Simple Man's Guide to Real Estate and more" a good resource to learning about real estate.

She's the one who pays all the bills for the family but when they went to refinance... her credit was low 600's and hubby was high 700's. 

Thank you @Eric Carr, @David Kramer, @Mike Roy and @Ross Denman for your responses.I like the HELOC for the fact that its there when and if I need it and it will give me negotiating power by making cash offers.

But here is a list of other items I came up with in my head that may or may not be possible to write off:Lawn care and similar (such as power-washing services)Home owners insuranceProperty management fees (tenant placement and monthly)PMI (don't have it but curious)Home warranty (and claim fees)Electric and water (while it was vacant)Are there any other possibilities? 

I'm looking to buy a specific property using "subject to". if we get to a contract, we'll close it, get a warranty deed, a power of attorney from the seller to me for the property, and by snail mail will notify the seller's lender. so far so good?