If you are looking to syndicate to "retail" investors, I would consider simplifying the waterfall.

I'm using $100K as ARV to simplify the calculations. 

You guys simplify and explain subjects at the simplest terms possible. 

Im open to suggestions, im just trying to find a way to speed up and simplify how I get a specific value or number to put into a BP or similar calculator, or better yet so I can run the numbers in my head and see if its even worth digging deeper on.

So the title is overly simplified in that obviously no one can answer that question in the abstract for someone else. 

As mentioned by the other agents on this thread - read, do research and attend training to sharpen your tools and build your RE knowledge.My RE coach simplified things for me a while ago by telling me to focus on - 1.

I'm simplifying things.That said, if it is customary to use general warranty deeds in the jurisdictions where you do business, that would affect the self-insurance analysis.

I have properties in these areas and also live nearby, my wife is my agent so it simplifies things.

Of course I am simplifying this but that is the gist. 

There are certainly things you can do to simplify the process of passing on a portfolio, but in my experience that is never a seamless process.I may be underestimating the average investor, but I question whether most people set up their portfolio in a way that an inexperienced family member could be set up for success.