This will make my accounting pretty easy.What I dont understand is why start using Quickbooks (with the added cost and the hassle of setting it up and learning it) in addition to the property management software when the software itself is capable to produce all necessary reports for your CPA and it provides you everything you need to run your PM business .

If you can subject to the property and the financing is great, that would at least produce a little interest for a buy and hold, but to me, it's still too tight and I would pass.

While it is generally not for the novice investor, I continue to watch properties perform very well and produce great returns.

For example, I have a VDARA listing (#9046) which is producing around $23-24k a year in NET income (after ppty management, vacany/repair/capex, NOT including HOA/utilities/taxes/insurance - still good return after these).

However, after being introduces to strategies when considering a good deal, I concluded that this deal will produce positive cash flow if I weren't in it.  

I'll give you some actionable steps to start improving your situation and seeds you can start planting that should grow into trees that will produce results when they grow.

We're currently going through the Buffini Peak Producers course, but I've only made 2 of the last 5.Feel free to check him out and give him a call.

The other podcast is called Mobile Home Park Investing podcast produced by the Mobile Home Park academy.

I would highly suggest listening to the Podcast produced here by BP.  

Multifamilies are a fantastic means of producing cash flow, and while they might have a higher price tag, the more units you can get under one roof, the lower the cost per unit often tends to be.