Landlord Studio
Accounting-focused landlords who want automated bookkeeping, bank feed integration, and tax-ready reports
Hemlane
Remote or out-of-state landlords who want software-plus-services without hiring a full-service property manager
Score Comparison
Pricing & Features
Making Your Decision
When to Choose Landlord Studio
Accounting-focused landlords who want automated bookkeeping, bank feed integration, and tax-ready reports
Landlord Studio is the clear winner for landlords whose primary need is financial tracking and tax preparation. Its bank feeds, receipt OCR, and Schedule E generation are more sophisticated than anything else in this price range. It is less of a full PM platform and more of an accounting tool with PM features.
Strengths
- Strongest accounting and tax preparation in the budget tier — automated bank feeds, AI bookkeeping, and one-click Schedule E reports
- Receipt OCR scanning with smart categorization rules eliminates manual expense entry
- Xero integration and export-ready P&L/cash-flow reports for professional accountants
- Free Go plan for up to 3 properties with 14-day Pro trial, no credit card required
Limitations
- Rent collection processing is slow (3-7 business days for deposits)
- Limited tenant communication and self-service portal compared to full PM platforms
- Bank feed integration via Plaid is not compatible with all banks
When to Choose Hemlane
Remote or out-of-state landlords who want software-plus-services without hiring a full-service property manager
Hemlane's hybrid model is genuinely unique — it fills the gap between DIY software and full-service management with optional human support for repairs, showings, and tenant communication. The free tier is a strong entry point, but per-unit costs on higher tiers are steep for larger portfolios.
Strengths
- Unique hybrid management model — combines DIY software with optional local agents and 24/7 repair coordinators
- Free-forever Starter tier with rent collection, applicant tracking, and basic screening
- Complete plan includes a dedicated property management assistant for tenant communications
- 100% of rent reaches owners with no hidden deductions on any plan
Limitations
- Per-unit pricing on paid tiers ($2-$58/unit + base fee) gets expensive for larger portfolios
- Smaller user base than competitors means fewer community resources and integrations
- Accounting features are basic compared to dedicated platforms like Buildium or Rentec Direct
