For accounting purposes, it may simplify your business to pay and receive money from specific accounts with this you do need to be disciplined.

Talking from online classes (which I believe = $750) to the state exams etc...Trying to simplify things for a few new folks considering joining the industry!

Can you get legal documentation written to simplify this process?

Which over simplified can be answered by, is this debt helping to increase your wealth?

I know on BP and in the news, you are hearing news of stimulus , loans etc but if you simplify it, below is what has happened/will happen:1> just a select few who don't need the money are getting lots of it.2>Average Joe/Jane American is getting NOTHING - giving people 1200 checks is equivalent to giving a starving person 1 peanut.

Currently, I am using quickbooks, but I've heard there are alot of apps out there that simplify the task of being a property manager. 

@Bob Norton thanks that will simplify life.

Let me simplify the question: Brokers who have bought and sold properties!

But I'm trying to simplify this one cause its bigger and bigger seems to be more fun for me to look at. 311 7th St S - Herbshire Apartments48 Unit Apartment Building Offered at $3,224,327 at a 7% Cap Rate in Waite Park, MNFound on Loopnet. https://www.loopnet.com/Listing/311-7th-St-S-Waite-Park-MN/19090256/Looking at the proforma, Market rents= $384,961.00 (looks like they're based on market rents rather than their current rent roll maybe?)  

Simplified Example: you have a triplex; your monthly mortgage is $2,000; you occupy 1 unit; your other 2 units pay $1,000/mo each for a total of $2,000/mo.