@Vincent WeselakIt’s a good idea to get an estimate for your insurance costs upfront since this can vary based on the property type and location, and it’s a key factor in evaluating your cash flow. 

Are you both friends and have unique skill sets and are breaking up the duties of investing based on those skills?

Tenants were ecstatic that I have been fixing things that were neglected for years and based on units in Clinton trading for about $200k a door, the property will likely appraise for 750k+ Lessons learned?

That's what I'm currently looking for as I search for deals.

Investment also spiked in Class A Short-Term Rentals (STR) and investors started paying higher and higher prices based upon anticipated STR rental rates, that exceeded sustainability based upon Long-Term Rental rates (LTR).

Definitely do a search here for some recent stories on capital calls and risks with syndications...even on some that have been operating many years...

So the question becomes based on their individual and personal tax situation what is the estimated tax burden they'd save? 

In my search, I've noticed that many positions require proficiency in Yardi.I've been actively looking for effective ways to learn Yardi, but it seems challenging to find suitable training or courses online.

Based on the information that you shared, if you haven’t already done so, I recommend connecting with a local expert.

Do you know what you are doing based on actual practical hands on experience?