Some people flat out recomend just using Microsoft office.I have two duplexes and have no trouble keeping track of expenses with microsoft excel.

(keep in mind the $116k is all net...so after you allot for all expenses and portion for cash reserves, etc...this is strictly profit)If you take a salary, then, breaking each property's profit up individually, would you take a percentage across the board or a flat dollar amount per strategy?

If there isn't a set space for each tenant's dog, make sure you require renters to have insurance-- dogs fight, and vet bills are very expensive, and they will be quick to involve the rich landlord and somehow try and make it your fault.Lastly.... how the dog acts is  99% reflective of  the owner, we have one duplex unit, she has 4 dogs, takes A+ care of them, walks them, lets them out.. 0 damage to the unit.. so it's really all about the owner!  

Is there no where less expensive you could choose to live.

Also, I wanted to make you aware that you can expense certain improvements rather than capitalize it if they are below 2,500.

Has anyone used the Maintenance/Expenses Tracking options on Cozy.co, and had good/bad results?

Doesn't matter that the expenses are there,  they were going to pay for them on their own,  now they have a bit of help from the tenants. 

To simplify things, I like think of repositioning MF properties as just flipping “bigger homes”, but I know it’s a different animal completely, especially the part of managing the income/expense game with inherited tenants.

As I continue to analyze properties, it seems that the expenses are eating up a large portion of the cashflow, especially when utilities aren't separated. 

If he doesn't, I would recommend having a separate hvac inspector look it over because that can run into a big expense in a hurry.