My passion for real estate has been a lifelong journey, and I’m thrilled to channel that enthusiasm into helping others find their perfect home.When I’m not busy with real estate, you can find me skydive diving, hitting the gym, capturing moments through photography, or enjoying long walks and runs with my dog, Chip.

You’ll buy a property pretty much at market value and the property management company will handle the day to day items.

Replacement Cost PoliciesCash Value: Reimburses the current, depreciated value of an item.

VRBO collects the tax for you as a separate line item on top of your rate.

I know very little about legal precedent but I'd expect the major meter manufactures (selling into the utility space) to be well incentived to challenge these items best they can, and they have money.Here are the issues, and the reasons that the difference between an air forced system and a boiler/hydronic system are not meaningful for this discussion (ie efficacy issues of sub metering exist for either when method of measurement is measuring heat at point of delivery):In either case, the blower (or pump for a boiler) is the method of 'moving' either air (central air) or water/glycol or equivalent (boiler etc). 

If you are just starting, I would think on a leveraged purchase, $200 a month in todays market, that is assuming the home is fully renovated and capex items are fairly new.

Other items such as having accounts in a foreign country.If you are single/married, with a few W-2's, interest/dividend accounts with one rental property.

But, excel is totally fine in the beginning (in addition to your PM software to capture transactions outside of the properties).We use QuickBooks Online exclusively for all of our REI Clients.

Other ideas that have captured my attention are finding a 4 bed/1.5 bath house that has room to add a stand up shower to make it a proper 4/2. 

There are three items required to make a successful partnership - Time, Experience, Capital.If you are a syndicator, you are likely expected to have time and experience.There is a lot that goes into being a competent syndicator - Proper communications, finding a good deal, communicating quarterly updates, networking with lenders, contractors, PM companies.You can gain experience by doing your own deals or working for someone who does(Ideally both).I personally think you should cement your experience before worrying about OPM.Best of luck