WAVE FOR A RENTAL COMPANY .
My company is a Rental Company. I'd like to be able to see P&L by property side by side , and Balance Sheet for the LLC as a whole. I have been thinking of setting up properties as Products to which I can attribute Rent (Sales Revenue) as Income and Repairs, Prop Mgt., Mtge Payment etc. (COGS) as Expense for individual property P&L, while the Balance sheet is aggregated for the company. Tenants are treated as Customers for Invoicing etc. Is this a feasible way to run WAVE accounting for my business