If you're planning to use an FHA loan or another owner-occupant loan, there are typically rules about tenant occupancy.

What is uniquely complicated about our real estate transactions to justify the higher commissions?

@Bryan Cavellier While you certainly can do that, there are different state rules and laws to be aware of.

Thus we broke two rules.  

Quote from @Mike Hern: Quote from @Michael Plaks:While it isn't directly related, does the Cohan Rule apply to real estate professionals without a W2, who lost their mileage book during the year?

Apparently it violates their rules somehow. 

While the 1% rule might be difficult to achieve, appreciation and a livable flip might make sense for your goals.Greenville SC: This market has seen significant appreciation and demand over the last few years.

If you violate any of these rules you could blow up your IRA or 401k and the IRS could force you to distribute all of the assets in the IRA or 401k.

Do you guys still apply that rule?

If so, yes Dayton rents follow the 1% to 1.3% rule.