- Landlord Friendly Laws?

I’ve seen some long term options - as long as 25 years in one case, but it was concurrent with a triple net lease of the same length of time with the property being commercial.If the option is with a homeowner then you deal with consumer protection laws, Dodd Frank act, and CFPB.  

In my opinion one still needs to understand tax law to effectively use the program. 

Quote from @Spencer Dixon: I'm familiar with concept and benefits of bonus depreciation but I'm not sure where the current law stands and the bill that was floating around congress.

It isn't that hard and once setup, you will do just fine.Some of what you listed is against the tax law I believe.

This has been court tested by over 40 years of case law. 

At least within this question let's exclude the US market, taxes and laws since I am far from investing on that market.

Here’s a step-by-step guide to help you through it:**Understand Local Regulations:**First, you need to check with your local city or county to see if the zoning laws allow for this conversion.

If you're not comfortable with the eviction process, hire an attorney.https://guides.sll.texas.gov/landlord-tenant-law/eviction-pr... 

In a cooling climate your state's laws probably state the calendar date upon which heat needs to be provided (for example beginning October 15th) and the temperatures that the unit is required to maintain (for example 65 degrees). 2.