While they did mention they aren't responsible for utility lines aren't they suppose to stop digging and call the "call before you dig number" if they find a wire. 

Book recommendation #1: Hands Off Investor by @Brian Burke https://store.biggerpockets.com/products/the-hands-off-inves...Book recommendation #2: Lend to Live https://store.biggerpockets.com/products/lend-to-livePodcast Recommendation: PassivePockets podcast is focused on passive investing in syndications - https://passivepockets.com/podcast/Passive investing summit: PassivePockets Summit May 2-3rd in Columbus https://get.biggerpockets.com/passivepocketsevent/I make these recommendations specifically since you mentioned passive real estate investing, and syndications or hard money lending are really the two most passive ways to invest in real estate. 

Why mention the tenant will be responsible for appliance repair above ordinary wear-and-tear?

That’s a moment I can’t wait to create for myself Hi anderon!

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

Jay,You mentioned total loss on syndication deals. 

Waiting for or getting the dreaded call that xyz was broken, flooded etc. which only happens after hours on weekend, holiday, during heat wave or snow storm. 

You didn't mention having other money available.

My initial thoughts when it was mentioned, was to push him more to a standard multifamily investing strategy.

I think by waiting to last minute to put things together you miss items and year end tax planning becomes problematic.