I wrote a long post about the basics of depreciation if you want to understand it better:https://www.biggerpockets.com/forums/51/topics/1121063-expla...2.

They may ask for a basic LOE but that's if they are really nit picky. 

Quote from @Nicole Koch: I think that most people looking for anonymity are basically trying to keep their name off public records so that if they own rental units some psycho cant just look up who owns the property, whats their FB, who is the wife/husband, kids etc.. 

Also, have you made any significant alterations to the property or if it were put on the market today, would it be indistinguishable from a standard 4-bedoom house (are there any extra walls for the SRO, constructed locks/barriers etc.)If its a standard SFR and the leases are very short term - there is a path that you could refinance this with a DSCR as basically a Short Term Rental and then potentially change strategic course back to SRO if needed at a later date

As soon as I read "hired a property management company to handle the day-to-day" it was clear to me and anyone else with a basic understanding of the rules that he was likely SOL.

Focusing on the foundational basics and your operations is more important long term.   

My cleaners have the basic resupply built into their costs which means guest is paying for the consumables.  

I am really intrested on real estate and getting hands on with basics required really excited and also nervous about this new journey but the goal is to be financially independent 

I personally like working with a broker because I know they are helping to vet the insurer and making sure that I am not missing key pieces of coverage.That said, from my understanding of the insurance markets basically different insurers like to spread their risk out across geography and asset class.

It will familiarize you with the basic terminology and benefits.