Thank you Andrew, but I'm not admitting intention to breaking the law.

I see opportunity abound as the Federal Reserve is intent on forcing us into a recession. 

If you are unhappy with the rental, you can give us written notice of your intent to move out within the next 30 days.

However, because we don’t have much experience with this matter, are relatively new to being landlords, and come from a different culture, we wanted to understand if there are any particular considerations we should be aware of.I heard that it is illegal to ask about religion, national origin, and other personal information when we talk with tenants, even if we don’t have any bad intentions or discriminatory purposes.

If the intent is to self manage and believe partnering where resources can be shared, that's a different story and have seen it done in ways that added efficiencies that wouldn't exist without pooling portfolios.

I see properties intentionally (or erroneously) underpriced and receive a lot of offers.

It's intentionally casual and roundtable in approach.

The catch is they also don't cover intentional damage by tenant to the property. 

He would like to see a 7% return on his investment, interest paid monthly, and his money back when we eventually sell or cash out refi (~10 years out).Our current intentions are to live in the new building, rent out our primary, and short term rent the 3 units adjacent to our unit in the new building.

The best places to invest go off of your intentions, price point, and then the one's likely not discussed publicly.