We made the home have a more open concept, gutted the kitchens and bathroom, and made an old house new and beautiful.

Second, I proved the concept.  

I could go on forever about all the mismanagement mistakes I've made on both, but the overall concept that set me free with managing both simultaneously everyday was setting my internal systems & renters/vendors work within my framework or they can go somewhere else. 

We started small, build the proof of concept, and grew from there.

Accept credit card payments from customersAudit trail to track changes to transactions and lists – Note that QB Online has an activity log that also tracks user login/outBank reconciliationCompany SnapshotCustom fields – varies on the number, and how you can use them, so you have to look at the specificsExpress setup of QB company fileMulti user access (different limits to the number)Multiple windowsOnline bankingPayroll (additional fees may be required)Print BillsRecurring Billing / Memorized TransactionsZoom into details from reportsDocument management – is much more limited in OnlineBudgets (not in QB Online Essentials)Class Tracking (not in QB Online Essentials)Create Estimates (not in QB Online Essentials)Prepare and print 1096, 1099 (not in QB Online Essentials)Job costing – although this is quite limited in QB OnlinePurchase Orders (not in QB Online Essentials)InvoicesTime tracking and billing by customer (not in QB Online Essentials)Reversing journal entriesMemorized reportsIn addition, there are some features that are only found in the Accountant versions of both products.

You have to develop History and Proof of Concept. 

Florida is especially illustrative of this concept because FL LLCs, especially single-member/owner LLCs, provide very little outside asset protection.

They also do private money lending, so there’s a real path for me to buy my first property soon.I recently read Set for Life by Scott Trench and want to apply his concept of saving my first $25K.

I’m evaluating a former car wash property in Metro Detroit:Just under 1 acre lot~4,000 sq ft building with multiple bays (9 ft clearance overhead doors)Zoned C4 “Multi Use Commercial”My concept is to convert it into multi-tenant flex space for auto-related businesses (detailing, tinting, wraps, light mods, etc.).I’d love to hear from anyone who has repurposed a car wash (or other single-use building) into something else.

Are there smarter ways to structure this same “strong offer + liquidity recycling” concept?