You need to define FMV and the procedure to obtain it, there will be disagreements on the calculation, time periods, cost allocations, closing date, etc.

Every contract can allocate these items differently.I would also factor in property tax allocation based upon July - June tax year.

The BP Rental Property Calculator is a great resource: https://www.biggerpockets.com/...

I will be looking into financial options and these will be great starting resources.

Real estate investment provides financial security—a reliable capital resource for further investments.

Where is a good place to start with resources to learn.

There are a ton of free resources about syndication that you can find on BP and via Google.

Looking for advice or credible resources on understanding the tax implications of renting below fair market value (FMV).Background:I'm considering purchasing my mother's condo and renting it back to her for below FMV for as long as she wants to stay in the unit (est ~8-10 years).

Michael, what suggestions or resource recommendations do you have for a newbie who needs to better define their buy box? 

Use all of the proceeds in the purchase or purchases ($500K)Most folks don't have cash resources to replace the loan so they take out a similar loan amount.