So to answer your question, I am in reserve status for 3 years where I will transition back to AD status at the conclusion of the 3 years; however, I still am considered AD in the sense of medical benefits etc. 

Since the tenants pay for the water (and trash and sewer), I don't see what the financial benefit to the landlord is.

@Calvin Beeke are you looking for conferences that benefit PASSIVE investors? 

Depends on the tax benefits to me. 

I've been in the action sports world my entire life, emergency medicine requires extremely rapid cost/benefit analysis and living with the decisions.

The determining factor for maximum benefit to you is whether the plan aligns with your situation and goals.   

In these kinds of deals, capital accounts have to be properly accounted for and need to have a partnership agreement with some specific clause if your other partner wants to benefit from the loss. 

Is there any benefit to installing a home security system for each unit?

What is new is that you may no longer benefit from itemizing like you used to, effectively killing this deduction.

Could you explain to me the basics of lease options and their benefits?