It will help you analyze deals quickly but you will likely need to adjust some of the figures such as rent, % towards vacancy/cap ex/maintenance.  

Upon sale, gains are taxed as long-term capital gains, calculated as the sale proceeds minus your adjusted basis (initial investment reduced by any return of capital).

The guest can log into any of their apps (Netflix, Paramount, etc.) and the TV automatically logs them off once their stay is over.Even old people with no streaming services can watch the hundreds of free ROKU channels with commercials.

They sign into their own accounts, and the TV automatically signs them out of all accounts on their check-out day.

Adjust return based on holding time and risk reward.  

You just ask to be added to their customer list and they'll come automatically when the snow hits.  

Approaching it like that would also automatically set an expectation for the owner to pay maintenance expenses. 

Also, the banks that did approve me told me that they could only use the rental income from the other units (75% of it) for an FHA loan, not a conventional with 5% down (which was my goal to avoid upfront PMI and have it automatically drop off at 78% LTV).

Here are some very UNSCIENTIFIC conclusions I’ve drawn from empirical evidence1. 75% or more of syndications need rising property prices to obtain even a decent risk adjusted rate of return.  

I would assume the city would probably have some sort of water price adjustment possibly for the homes or areas affected by pipe replacement.