Since QuickBooks does not have features specifically supporting rentals, and it requires a very specific setup to do effectively, there are alternatives to manage rental expense reporting and management specifically, like Landlord Studio.
The base (start) plan (billed annually) is only $6/month or $7/month if paid month to month. This is for one unit only. The price increases slightly for two units. Here is the their pricing page.
The most noticeable differences in upgrading to the $15/month plan are "Smart Receipt Scan", Bank integration, and Xero integration. There's also an additional user, in case other people like assistants or property managers are helping you with expense reporting or general management and you want them to have access to Landlord Studio.
I'd like to find out what tennant screening includes, because Zillow only offers the first listing for free, so if Landlord Studio provides a background/criminal record check and credit score reporting for that price, it's a screaming deal!