I keep track of what I spend on materials pretty close, but I use excel.

., If you end up having to recapture depreciation you'll either have to recapture all that you took - or all that you could have taken!!! 

it just does not make sense for a beginning investor that doesn't have a lot of liquid assets to lock up some or all of their cash in a syndication. thoughts? 

@Tyson Meek There are reasonably priced excellent engineering-based cost seg studies for properties the sizes of yours.

Does anyone have an excel program or software that they recommend that includes Schedule E data to show you the potential tax savings on various real estate deals? 

Focusing too much on the excel spread sheet cash flow will steer you to markets that are likely lower barrier with stagnant growth.

Excellent points, and good call-out on HOAs.

Fully under AC, clean rooms for advanced manufacturing, excellent building in every sense of the word, from a tenant perspective. 

You will also get a taste of property management and learn the ropes as far as tenant relations, contracts and screening.Another excellent strategy that I feel is the most powerful tool you can use in today's market is to purchase this home with an Assumable Loan! 

Just open a new checking account and each month download the transactions as a CSV and use excel to keep track of the <10 transactions per month.