A good PM is efficient with solid policies in place that enable them to act quickly and prevent things from getting out of hand.Legal Compliance & Risk Management: A good PM knows the law and protects you by obeying it.

A CPA can help you structure ownership or expense allocations to be as tax-efficient as possible for your role.Overall, your strategy is solid, and you’re asking all the right questions.

They allow teams to collaborate efficiently and see real-time updates.

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.

They think they are protected because they have insurance, but our goal is to refine our business in order to be efficient, protected & stay in business for a long time! 

Does anyone have tips or resources for making bookkeeping as efficient as possible?

VRBO and Airbnb have all the basic communications that I use.

We do not allow communications via staff cell phones - can't be tracked and can cause major issues.  

Use automation tools like Hospitable or PriceLabs to streamline bookings and guest communication.

If you still use texting as one of your communication methods, would you use a tool that auto-logs all those messages?