In this situation, can all the partners claim mortgage payment as expense in their individual taxes (or just the partner who owns the mortgage)?

Look for sellers who need to sell—due to financial strain, property issues, or other urgent situations.

In that situation I purchased a SF property 4 hours away from me this year as a fix-n-flip and to test the hypothesis that long distance fix-n-flips could be viable investments. 

It's about finding a situation where you can force enough value to create a 20%+ equity position. 

Ok, I'm really looking for advice and curious to see what others would do in my situation.

As far as property management goes, I figured it might be best (in my particular situation) to start with a property manager since I will be travelling for work for most of next year and it would be better to have someone local to handle things for me?  

Would depend on the full situation though if that would be possible.

That’s the key benefit.As for the cost segregation study, whether or not it makes sense really depends on your tax situation.

I was wrong.The situation regarding data in FL is, unfortunately, not the same as other states.

.- My Resources / Constraints: I'm in a by no means unique, but perhaps less common situation for those getting started; I'm a somewhat senior software engineer at a tech megacorp and should be able to save a couple of down payments per year for lower priced houses (100-200 in my area), or perhaps one medium priced house (300-500).