My tenant pays rent through CashApp so I don't have a physical printed document to track that.

Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.

I would argue not to buy $100K real estate in the first place, but if you're buying $100K properties, they better be in your backyard with the ability to self-manage and physically complete a lot of the ongoing maintenance and operational demands.

Physical book right on the coffee table. 

Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper.

Effective management means inspecting the building and making sure there are no health or safety risks including defects that will cause premises liability exposure,  frequent physical presence to spot premises liability risks that arise and quickly eliminate them, good communication skills, treat tenants fairly and with respect and exceed implied warranty of habitability standards, understand fair housing laws, use contracts clearly define scopes and responsibilities and  shift liability,  hire licensed and insured vendors and where appropriate obtain endorsement naming the property owner as additional insured, understand the local licensing and permitting requirements for building  improvements and renting real estate and make sure they are followed,  carry the appropriate insurance coverage and avoid conduct that would be listed as an exclusion (normally following through on everything above covers this). 

It's SO important to have boots on the ground to physically walk properties in Detroit before closing.

For commercial and multifamily real estate owners, proactive resiliency planning protects not only physical assets, but also residents, staff, cash flow, and long-term value.In today’s risk environment, resilience isn’t optional.

Just combined totals.The hours are inflated—they counted time "being physically present" at properties, not actually working.They hired property managers.

Go with the UPREIT, 1031 to a physical property, 1031 to another DST, or give the government a ridiculous amount of money.