Flagstaff property managers often run student housing near NAU, short-term vacation rentals tied to the regional tourism corridor, and long-term units for healthcare and outdoor recreation workers, sometimes all under one company. That mix only works cleanly in Yardi if we settle the Voyager versus Breeze question first. Voyager's multi-entity consolidation can hold those three portfolio types apart while still rolling up ownership reporting. Breeze was built for one residential entity, not three overlapping ones.
We work with accountant access inside your own Yardi instance, exactly as you would grant an internal hire.
Arizona rules that apply here
Before we touch a single ledger, we confirm whether a Flagstaff client is on Voyager or Breeze. A portfolio spanning NAU student housing, short-term rentals, and long-term residential needs Voyager's multi-entity structure to keep those revenue types separate. On Breeze, we build workarounds instead of assuming features that don't exist.
We set up the chart of accounts to separate student lease revenue, nightly short-term rental income, and long-term residential rent from day one. In Voyager, a chart of accounts mistake propagates through every report and consolidation it touches. Getting that structure right before go-live matters more here than in a single-portfolio-type city.
Breeze operators managing a mixed Flagstaff portfolio often hit its reporting ceiling first, tracking STR nightly occupancy next to NAU-cycle student leases in a spreadsheet outside the system. We rebuild that reporting inside Yardi wherever the product allows it, or flag clearly when a client has outgrown Breeze and needs Voyager to get real multi-entity numbers.
Arizona's ARS Title 33 gives landlords 14 business days to return a security deposit or send an itemized statement after move-out. In Voyager, we configure deposit liability accounts per entity, so a student housing move-out at NAU's semester turnover doesn't get buried under short-term rental transactions in the same ledger. Breeze tracks deposits at the unit level but has no built-in itemized statement generation, so we export the ledger detail manually to meet the 14-business-day deadline.
Arizona ARS Title 33 requires the deposit, or an itemized deduction statement, to be returned within 14 business days of lease termination.
All Arizona requirementsHow we keep you inside it
Flagstaff operators use REA for the full monthly close or for the single function that has become a bottleneck. Each one is performed inside your Yardi instance.
Compliant, audit-ready trust funds
Learn moreThree-way reconciliation, every account
Learn moreBills paid, rent collected, owners paid
Learn moreBack books fixed and current
Learn moreAnnual commercial true-ups
Learn moreResidential, commercial and everything in between. The asset class changes what the books have to prove, and our teams are staffed accordingly.
Property Managers, Investors & Owner Operators
Adam the owner took a personal interest in my situation and was willing to work with me to see if his company was a good fit. I may be too small for them but I would highly recommend them to anyone considering a bookkeeper for their property management business.
Following a series of erroneous financials from my previous bookkeeper, who lacked expertise in real estate, it's been truly remarkable to receive not only accurate financials on a consistent basis but also proactive advice without prompting. The REA team is a game-changer in real estate accounting!
As REA exclusively specializes in Real Estate, I rest easy knowing my financials are precise every month while saving money at the same time, an invaluable benefit.
ARS Title 33 requires an itemized statement or full refund within 14 business days of move-out. In Voyager we set automated reminders tied to the security deposit liability account so a move-out transaction flags before the deadline passes. Breeze does not generate that itemized statement automatically, so on Breeze accounts we build the export ourselves and track the 14-business-day clock outside the software to stay compliant.
It depends on what you're combining. A single-owner long-term residential portfolio can run fine on Breeze. The moment you add short-term rentals or student housing with commercial-adjacent leases into the same company, Breeze's reporting can't separate those revenue streams cleanly, and owners end up in spreadsheets. Voyager's multi-entity consolidation and stronger chart of accounts handle that mix without the workaround.
Yes, but only if the chart of accounts is built for three different rhythms. Student leases turn over on NAU's semester calendar, short-term rentals turn over nightly, and long-term units turn over annually. We set up Voyager with separate entities or classes for each, so reconciliation and owner reporting run on the cadence that revenue stream actually needs instead of one blended monthly close.
Other Arizona markets, the platforms we work in, and the functions available on their own.
Schedule a call and we will review your Yardi setup, your Arizona deposit handling, and what it takes to close clean every month.