To keep it simple, I won't include reserve amounts or rehab costs.

By comparison, it's simple and straightforward to buy real Estate with financing.

They don't want you to buy a terrible property they won't be able to successfully manage for you.So, are you planning to DIY manage or hire a PMC?

I'm in the process of fixing our current property management and DIY, we are put of state so my plan is to create a spread sheet with all kinds of vendors to have easily at hand when something goes wrong, like a list of 10 electricians, 10 plumbers, 10 tretrimmer/landscaping companies etc. what do you think of this approach and what vendors is a good idea to put into my spreadsheets?

The caveat is that two weeks ago I started looking at two other properties in other neighborhoods (one at 175k and the other at 219k) and these two seem more "simple."

There really isn't a simple answer. 

It’s pretty simple honestly just do it every day for 90 days, get out of your own way and you’ll find a deal and find a way to be apart of it.Don’t be afraid, you’re 20 and have nothing to lose.

but then in the same article, it mentions that profit from sold syndication is long-term capital gain.Another article says passive loss can't be used to offset a capital gain.https://www.fool.com/millionac...I must be missing something simple here.

Fourthly, have a contractor you can trust i used 5 contractors to get simple things done and i would not recommend any to you not worth the headache ( try here if you need one).

Stucco shouldn't raise any warning flags unless you have reason to believe they're covering something up or it looks like a DIY job.