Markus Hanke said:
I think it is easier to think about the "M" as a parameter for a family of metrics. Physically speaking, M should be a global property of the entire space-time, not "just" an isolated object in it.
This is correct; ##M## appears in the metric everywhere in the spacetime, so it is a global property, not a local one; and there is an infinite family of metrics parameterized by their value of ##M## (flat Minkowski spacetime is the limiting case of ##M = 0##).
Markus Hanke said:
I think the OP was questioning how a space-time that is globally source-free can still be non-trivial
This can happen because the Einstein Field equation is nonlinear.
Markus Hanke said:
the energy-momentum tensor via the Einstein equations does not in fact determine all aspects of local geometry, but only a certain combination of components of the Riemann tensor, being the Einstein tensor ( which, I believe, is the contracted double dual of Riemann ).
This is correct if we put in the word "locally"; the EFE equates the Einstein tensor and the stress-energy tensor at the same event. The rest of the Riemann tensor (the Weyl tensor) is determined by how spacetime curvature "propagates" (this isn't really the right word, but it's the best I can do) from one event to another.
Markus Hanke said:
All other information needed to uniquely fix the local geometry comes from boundary conditions imposed when solving the system of differential equations - and that's where the M comes from
The problem with looking at it this way, if we are looking at the idealized case where the spacetime is vacuum everywhere, is: at which boundary do we impose the condition that gives the value of ##M##? As I noted above, since flat Minkowski spacetime is a member of this family of spacetimes (the one with ##M = 0##), whatever boundary condition you are referring to can't distinguish between flat Minkowski spacetime and curved Schwarzschild spacetime.
There is a way of defining the "mass" of an asymptotically flat spacetime by looking at the limiting behavior of the metric coefficients as ##r \rightarrow \infty##, called the ADM mass. (Actually, there are two ways of doing this, depending on whether you choose spacelike infinity, as the ADM mass does, or future null infinity, as the Bondi mass does.) Wikipedia has a very brief discussion:
https://en.wikipedia.org/wiki/Mass_...ndi_masses_in_asymptotically_flat_space-times
But this isn't really a "boundary condition".