I will start feeling really good about this manager if the he or she is shrewd enough to recognize this problem might have a simple fix, and skilled enough through experience to walk the tenant through the process of relighting a pilot light.

I've been in business for almost 8 months and completed 6 flips, so I know enough to recognize when I'm being shafted.  

Richard sourced the opportunity through local market activity and recognized the potential quickly.

That successful RE investor supposedly had recognized the lady as being exceptional and sure to succeed.  

If you will learn some of the basics such as what the values of the type of properties that you are interested in your area are, then you can start to recognize a good deal.  

When capital is deployed on capex that lowers operating expenses but is unlikely to be recognized or valued by a buyer at exit, that’s a warning sign—even if the intention is to hold the property long term. 

I recognize there are some outstanding flippers in this market but it was a competitive offer and anyone beating it with HML financing would have tight profit even if they were outstanding flippers.The selling agent stated they had 5 offers higher than ours.  

There are a lot of full-blown property management software systems out there with accounting modals (Builduim, Doorloop, Rentred, to name a few) but they do a lot of other things besides accounting, bookkeeping, and taxes so not the same thing as QBO.QBO has a few cheaper competitors Stessa & Digb.com that are specifically set up out of the box for real estate investors (e.g. income/expenses categories are things you'd recognize like repairs, appraisal, etc.) and there is no need to set up a separate class for each of your properties since the portfolio already includes these.

I hope the OP recognizes the challenges of this property and I wanted the challenges to be clear which is why I was harsh to Drew’s post (I agree with a very large percentage of his posts and did not mean it to bean attack of Drew).Best wishes

All that was required was recognize the highest value utilization (the law was changed so his highest value utilization is no longer allowed).