Depreciation without a 1031 exchange is always recaptured.Partial ownership through a DST or simply purchasing part of a property as a tenant in common should provide the same relief.

(Btw, I found this to be a very common first time landlord mistake).  

Best of luck, and feel free to reach out if you want to consider getting funding from a private lender as it is one of the most common funding options for MF!

Very common up here in the Bay Area, actually.

I think this will become much more common in areas where people are being priced out of the market.

. ;-) When foreclosures are common, (which they are not right now), I send out two thousand letters a week.

Do the same there and see if you find any common brokers who list a handful of the size property you want and connect with them. 

This is a fairly common issue with older properties  where root structures create a dislocation in the line causing constant backups and the only remedy is replacement.

It's pretty common to get half a month's rent, which is then split between you and your brokerage.My best advice is to focus completely on finding a company or mentor who is at the top of their game and NOT AT ALL ON THE MONEY. 

Separately metered gas & electric are generally viewed as more valuable because water is less commonly metered.