So if you are going to pay the same dollar amount for property taxes in December versus January, then might as well get a deduction at a higher tax rate.Perhaps you are seeing less luxury rental sales because they tend to be second homes rather than rentals....Also that bit about higher chance of audit... are you maybe thinking about the SALT work-arounds that NY and other states like CA and CT are proposing?

How the legislation and regulations are written and interpreted will be a big factor in whether it is worth your while to accept pets.Here in NB, we are allowed to discriminate and not allow pets, but other jurisdictions (ON) that appears to no longer be the case.    

He's partnered with multiple investors on other projects, and has proposed that I go in with on a smaller flip so that I can have some experience going through the process and we can both make a little money.I have about 50k liquid in my savings right now, and hes proposed that I put down 5-10% percent to go in with him on an upcoming flip.

The first thing I would do is ask the tenant what she proposes.

Ken, you will run afoul of the IRA rules with this proposal.

“We’re capturing revenue where it is,” Kaplan said, “and we’re capturing the revenue that has a relationship to the problem of homelessness.”https://www.mercurynews.com/2018/07/17/proposed-landlord-tax-would-raise-money-to-house-oaklands-homeless/

Also screen who they propose as you normally would. 

That's one reason I appreciate Fortune Builders - most of their students approach this like a job, and when they send you a proposal, it's DETAILED! 

IF you are not experienced with this, you may be better off retaining an architect on an hourly basis to help narrow and document the current conditions and proposed changes.  

The specific piece of legislation.