The main drawback is the cost of the study which is high because it is quite complex to properly classify every individual component in the property, and per IRS guidelines this must be done by a construction engineer or architect because of their expertise in construction techniques, design, auditing and estimating in building construction. 

I have access to all the mailing list bankrupt , upsidedown , high equity , absentee owner and so forth through the realeflow software.  

I can curious what software everyone uses to manage all the properties. 

Buy or inherit and hold all their lives while working the properties for income.I've seen teachers, firemen, software engineers and all sorts of people utilize both strategies successfully.

BP,Can you guys give me some advice on what software you recommend for keeping your books.

Also, if you'd recommend a different "time tracking" software.

Can anyone recommend a good software or a good company they use?

This means the original originator of the loan who sells off might have to buy back the whole thing if certain default events occur.Banks on committees can lose their jobs or worse face criminal charges if they push enough suspect loans through.Regulators are doing surprise audits these days on banks. 

The last 8 years in IT I have been in hardware and software sales for a major company.

Years of this informal management have strained the relationship between myself and my family member, and I would like to order a multi-year financial audit of the two properties to clear the air and to wipe out any ambiguities in the books.