Then I(we) control everything.I know there are details to work out, and I am still in the thinking/planning phase, while I continue to save money, but is this a conceivable plan?

I really appreciate you taking the time and providing a detailed reply. 

This will have a higher expense buy may very well be worth it for your listings and companies health and growth. 

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

Can provide more specific details if interested in helping.Is this your first house hack? 

As a "retired" public accountant and tax consultant I perform a lot of detailed ROI analysis for my clients. 

@Heidi FischerI just answered your question in great detail in a separate long post:https://www.biggerpockets.com/forums/51/topics/1220969-expla...

But the other side of the coin your expenses go way up when your employer is now not paying you any bene's and you have to pay all your own health retirement self employment tax AMT tax etc etc. trying to do this with max leverage is going to be a long slog to replace a 150 to 200k a year job with bene's.

However, it’s important to ensure the area is safe. in those areas I would recommend checking local crime statistics on SpotCrime. you can use this link for an example,to get detailed information: https://spotcrime.com/map?

Don't forget to add fringe benefits such as health insurance and also payroll taxes, etc.