Removing emotion from the equation will help you develop a more pragmatic approach.

Many developers in Houston deed restrict their developments to prohibit certain uses which could include MHs.

In development cycles there is a under supply,sweet spot,and OVER supply.A certain asset class can be over built and it is often times a race to market on who wins.If your project takes to long to complete and the market gets saturated by that time then you will have to reduce your anticipated rent rates and cash flow projections to bring in new tenants or you will have to spend more on amenities to justify them paying a premium price.Either way it will cost you more money.

What software do you use (and expect me to use) to do our accounting?

There are so many problems that can develop that you are not prepared for.

Although the software appears interesting, I'm not sure what to think of the monthly licensing fee.

Why not wait a year and see what develops?

Agents, developers, fix and flippers, wholesalers, bird dogs, etc., all get paid for doing transactions.

For commercial properties try Modernvalue software for this, and consult with a local commercial r.e. appraiser - they are more helpful and credible than you would think, and can help with tons of data like market rent etc. for a low price.

Can anybody suggest some good software for tracking the performance of my real estate investments?