Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookYou might consider Niche or Specialized Housing like student housing.

You might have done it for some special effect but anytime someone on here posts a dark pic or uses the default icon, or their icon it puts a cloud of mystery over them and not in a good way.

You may be able to deduct a rental loss against ordinary income if you qualify for the special allowance.

http://www.austinrenc.com/about-renc/ which itself has several special interest groups, including noteworthy Real Estate Launchpad There is also http://reicaustin.orgAlso check these out:Bigger Pockets meetings that occur every second Wednesday of the month at 10 am at Mercury Mambo, run by James Sinclair and Mike Walker Bigger Pockets MeetingsHarold McGhee and Esmeralda Lira head an Investor Mastermind meetings every Thursday at 11:30 am at Big Daddy's on Research and Burnet Real Estate Investor MastermindsYou will no doubt find numerous other groups once you start networking.Again, welcome to Austin.

There are some special arrangements that landlords can make, but the risk still is there.

There is a large well known law firm in town that specializes in HOA issues if you get to that point.  

Handyman special or move in condition.

I am in tax working on a specialization in estate, trust, and gift tax and she is in audit and is just waiting for the official CPA papers to come in the mail-woot!.

Ask if they know anything coming up for sale.You might consider Niche or Specialized Housing like student housing.

The partnership agreement states how capital is divided and shares.You can also have a schedule or addendum stating any special terms between all parties.