I bought a duplex, lived in one unit, and rented the other; my tenant basically covered my mortgage.

The best thing you can do right now is keep practicing the basics!

Based on our experience and analysis, the most cost-effective and straightforward approach is to start with a basic QuickBooks Online (QBO).

Unless you are renting out something real high end, virtually all of your appliances should be as basic as they come.

you should basically expect to be spending money and putting cash in for the first few years.

The other idea of how bad it was is that someone high up in the department basically ended up dictating that it get opened (he saw all the bs I had already dealt with and bluntly 1) felt sorry for the bs I endured 2) probably was shocked how cumbersome the process for this one item was in my case).  

Now of course this is very basic, and it doesn't actually work like this, but the reasoning behind it does actually make sense.

Staying organized like that definitely cuts down on the back-and-forth, and there’s nothing wrong with fewer calls when it comes to basic compliance — it means things are running smoothly.I’d only add one thought: even though bookkeeping questions may be reduced, it’s still a good idea to stay in touch with your CPA throughout the year.

As you’re studying the basics, you might also want to take a look at markets where multifamily still makes sense from a numbers standpoint.

While you’re doing that, run some basic numbers — what rents in the area look like, your projected construction costs, and what your mortgage and operating expenses might be — to see if the deal makes sense.Second, build your team early.