My husband and I are working on our fourth rehab and I am terrible at the paperwork aspect, which I know is so important. 

Apartment Markets (as of the second quarter of 2011 • Dallas-Fort Worth – 8,390 units • Chicago – 6,350 units • New York -6,270 units • Los Angeles – 5,630 units • Atlanta – 5,110 units • Houston – 4,390 units • Boston – 4,360 units • Washington, D.C. – 4,290 • Phoenix – 3,940 units • Detroit – 2,500 units • Denver – 2,480 units • Miami – 2,450 units The Dallas-Fort Worth Apartment Market (as of the second quarter of 2011 and according to MPF Research) • Apartment completions – 784 units• Average monthly rent – $780• Average occupancy – 92 percent• Units currently being built – 7,316

Most custodians don't charge transaction fees (usually it's a quarterly fee based on the value of the account).

I absolutely HATE the look of quarter round in addition to my 6" baseboards. 

His fourth suggestion is part of the application package I hand them. 

Fourth, if I wasn't a CPA, I'd likely look to hire out the tax prep/planning and the accounting work as it can become complicated as you add entities which only further eats into my annual cash flow.

Having a commercial triple net lease puts most responsibility on the tenant to take care of anything that breaks inside the unit and the owner just needs to collect rent checks and take an email or phone call per quarter.

The judgment amount on the foreclosing 1st lein was 176k  there is a second lein for 21k and a third for 10k and a fourth for 30k.  

Do quarterly inspections to check in and catch any lease violations early so they don't go a whole year unnoticed.

But again, the value is just a number on a quarterly statement.