I then would have my tax cpa enter in or do it after discussing tax based items (depreciation- MACRS, reserves, year end accruals, reserves, etc.).

(consult a lawyer). 

It's an estimated cash on cash return given current rental rates subtract expenses assuming 7% interest rate, 10% management fee, 5% repairs, 5% capex and other expenses like mortgage, insurance, tax. it's a estimate to tell you what properties to analyze vs ignoreyou can see the are pockets of negative returns as well as pockets of positive return. this is to supplement the data @Devin Conley provided

Make sure you do your math correctly when analyzing property taxes…they will be eye opening.

I use a spreadsheet I developed to determine my entry costs, carrying costs, cash flow, tax write offs, appreciation and exit costs.

Is the option government supplied insurance where taxes supplement the insurance?  

A magistrate is the lowest level judge who deals with landlord/tenant and small claims cases but they don't even need to be a lawyer to get that position. 

You’d also make all future capital gains at least partially taxable instead of tax exempt by converting your primary to a rental.

Closing costs - you will have to pay taxes/stamps etc. typically as a seller.4.

Lower taxes, no POS and lead testing.