I saw 2 numbers and I can already tell you it won't cashflow as a rental Assuming the listing price is indicative of the actual value of the house...I'd offer them 330k * .75 = 247.5k, assuming it's 100% ready to go.

None of which are indicators of sustained profitability. 

The maximum number of jobs allowed on that level of the program is 500, and Scott indicated Round Rock planned to hit that, with the majority being retained jobs.That means Dell would be eligible to receive $2,500 per job, or roughly $1.25 million maximum.

Following the 10-year Treasury has definitely been the most reliable indicator for me too.Curious on your take: do you think spreads will stay in that 2–2.5% range above the 10-year for a while, or are we in a period where risk premiums might keep it a little wider?

That price indicates historically the property has not kept up with inflation.  

The bifurcation indicates a need to flight to quality--assets of interest to the top 10% of the population will perform better than for the bottom 90%. 

Now, some of this might be a personal discussion that's not very indicative in a public forum. 

Quote from @Steven Gesis:  Important takeaway is due diligence review, not only deal level but sponsor track record - yes, past performance is not indicative of future results, but at least it's a metric to review.   

Finally, it said somewhere that the K-1 attachments or notes should indicate how to split other numbers into these separate entries.

This seems to be supported by the following article (although it is old, there is no indication that it is no longer valid): https://www.mass.gov/technical-information-release/tir-89-2-massachusetts-income-tax-treatment-of-pa...Specifically, the article says that I should create a version of Form 8582 with only MA income.HOWEVER: TurboTax put ALL my K-1s with losses on state form 8582, a direct copy from federal.