How do you use vacancy in your equation for writing an offer? 

@Jennifer Manzella SavvaSTR's do have some unique differences from their LTR counterpart.There are unique tax laws if you provide substantial services.STR's are normally furnished by the owner which may be eligible for immediate write-off / bonus depreciation.

I'm planning on using a quitclaim deed and I'm wondering if I can put $1.00 as the amount of the consideration or if I have to write down the full appraised value of the house?

Just as a general note, I'd caution against taking large write-offs against ordinary income if your goal is to obtain bank financing. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

They will write up their own scope of work in consultation with you and they will put their estimated costs in.

How clean are the offers you are writing?

It means I was happy there, would come back and would recommend (I would usually write that in the review as well).

@Steve Sauro Overall that's about it and getting it all down in writing so everyone is clear and there is a legal document tracking the split.

@Joe Archbold The syndication operator should be able to have a good guestimate from their accounting team or firm as to how much depreciation they'll be able to write off on a given project.