GL codes that reconcile cleanly when your CPA does your taxes.Most first-timers at 5+ units end up with a data disaster within 6 months.

Mint got the job done with some extra manipulation. 

I'm an out-of-state investor based in NYC, and I see this constantly while researching Midwest markets like Kansas City and Indianapolis.People chase high on-paper returns in transitioning neighborhoods without checking the underlying data.

A testament that numbers, and the effective use of cash flow analysis data, must be used to support optimal performances.

>that valuation might not be worth the extra time.

I always lock in the exit plan before making an offer, but my first step is making sure the property data actually supports that plan.

Income is often whatever the applicant enters, and background or eviction data seems to be hit or miss depending on the state.

It's due to extra effort and risk - is the extra effort ant risk worth it to you?

@Alex Hauser's example above is a good real-world data point — waiting paid off.On whether it's worth it for 2–4 units: the cost-benefit really depends on your depreciable basis (purchase price minus land), your tax situation, and whether you can actually use the losses.

The right platform is the one that makes it easier for an owner to understand performance and spot issues early not one that requires extra explanation every month.As for Excel, it works until scale and complexity catch up.