I'd suggest just creating one on your own - with excel when you create the template it's both the way you want it, and then also you fully understand it.  

@Jay Hinrichs @Jonathan Greene @Nicholas L.you have all helped me to really consider what type of challenge / path I want to get into, and all this information is excellent.

If you are considering this approach, I suggest you buy an A-class property in a landlord friendly city and get a PM.

Hi,I suggest you create a bank account with one of the bigger banks in your area that has many locations.  

Currently, my interests are Indianapolis and Louisville (though I would welcome other suggestions). 

Do they suggest how to enter the transaction accurately or enter an adjusting Journal Entry.

I suggest listening to the BP podcasts and reading through the blogs and books they offer.

@Scott Trench & @Rene Hosman Have you considered implementing ways to verify identities of those who can post in the forums and perhaps even require full names? It will cut down on the fake accounts created to pro...

You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1  Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.

Philly has a ton of opportunity, but since you are new to the area, I would suggest waiting six months before you buy anything there so you can really understand the block construction of the area.