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Rentmaster is an NZ product but is compliant for Fair Trading purposes ie true trust accounting, so can be used by property managers at % of the cost of the more powerful systems eg: Console, Clarke etc. It can be used by property owners - easy enough to set up, plenty of inbuilt reports...

I use Rentmaster as I deal with several different owners and am required to have OFT compliant software. Prior to this, I used (and +1 still uses) Property Manager Pro for our own stuff. Rentmaster has recently released another product which is a pay per property basis, which may be useful...