I know of other softwares, like Baselane that handle income and expenses all in one place.

And for the evidence, I would guess that they'll want to see some evidence of the income from the rental days.

The best way to connect and learn is to be in rooms where it's going down.In terms of captial your best bet is to focus on a primary income that cash flow sufficiently, saving as much as you can and doing something real estate related so you can get familiar with the industry.

Most syndicators are not very motivated to put together profitable deals because they make money by putting together the syndication itself.As I've mentioned, not all of my passive investments have done great, but in aggregate they have done better than average because none of them have any of the items mentioned above. 

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

The guy is meeting the rental criteria income wise.

Live way below your means and save the majority of your income.

Is her goal to be nice and provide some of the gains or reduce her taxes by trying to split income between her and her ex?

Since comps are limited, analyze similar nearby locations to estimate demand.When pitching investors, focus on a clear business case: expected income, expenses, occupancy, and ROI.

This property gives me significant income, so losing it would be an extreme loss.