My partner had slot of cash on hand and wants to invest, I have little to none to contribute but found a property, can serve as the property manager, am able to provide value based on my experience.

For example, if they leave the dog alone in the unit, and it barks or howls, bothering the neighbors, or is aggressive toward other residents, or causes damage, these are all potential reasons that would justify forcing the removal of the animal in many locales.You can request annual updates of veterinary reports, and a letter from professional confirming the nexus between disability and the animal.By NOT establishing a policy in advance, you are left to shoot from the hip, which, in this business, can be very dangerous and costly.

It let us drop our interest rate and free up loan slots as well.  

The mailbox is one of those where you just put it in a slot so it was never marked vacant.

lol  Again, IF no attic in that space, You could still install the Ridge Vent itself on top of that 12ft peak area, just not cutting out the decking there (not cut slot under the vent!).

Because the property is so unique pricing likely needs to be as well, maybe consider that based on the property needs/maintenance and location you may not want it consistently turned over so maybe you open 28 day slots and allow use with a 1 time per month turn over.

While all 8 slots are currently filled, one of the selected individual may not be be able to attend. 

There should be a state K-1 for every state (with a state income tax) where the syndication has nexus, i.e. where it owns properties.2.

I'd like to get other people's opinions but here's what I was thinking on pros and cons.pros: low down-payment, high leverage effectively a hedge against inflation, use up unique fha loan slot, get a second rental, I can get capital gains by building/buying for 5% less than market value. 

If you don’t include utilities in the rent, then do you still need to add a value into those slots ?