I currently use QB's but now I'm wanting a PM software that is user friendly and has capabilities to run P&L's, keep up with depreciation, etc. 

.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.

I use software to automate most of my processes and it saves me the 7-12% in management fees I'd otherwise be paying. 1-5 units is a pretty small portfolio so it should definitely be possible to self-manage.2.

And if there was good software similar to TSheets then I would probably consider it.  

I need software that can break expenses and income down by property and also generate year end tax reports.

I am 23 and I make $65,000 a year as a software engineer with no debts and around 20k saved up.

I am in the process of considering property management software and wanting to hear from others how they got a good majority of their tenants to switch to paying rent online instead of writing checks.As we have rental offices at our properties, most tenants just drop off handwritten checks there (we even have a mail-slot for after hours), so there isn't that much work involved.  

The yard features an in ground smart water sprinkler, and is protected by a 24 hour monitored home security system.

I would either keep great records in excel or get an accounting software packaging that can compile reports that will be easy for your CPA to use.

Historically I've not had a separate account set up in my personal finance software (Quicken) to track the escrow account.