Not sure it went into effect but is was after my younger brother’s birth.  

In the ten-year period beginning with Q2 2014, the Downtown submarket has experienced the greatest introduction of new inventory, 19,373 units, amounting to 21.7% of all new market rate rentals added to the market.Asking and Effective RentAfter finishing April with no change, asking rents climbed by 0.3% to $2,381.

Seems simple but it's highly effective.

It very difficult, if not impossible to be “invisible” in today’s world and also be able to conduct business reasonably efficiently and effectively.  

However for the most part I can get 3-4 units for the same price as a SFH which is just more cost effective.

This strategy is more effective if you qualify as a real estate professional.

I appreciate it If you decide to approach your tenant about them purchasing the property I recommend you contact a mortgage broker first to let them know what you are considering  Your objective is to get an idea on what the potential rates they may charge your tenant when it's time to exercise the option to purchase. 

Note: I am under the impression that me material participating in this exercise will fall under the "Real Property Development or Redevelopment" activity, thereby allowing me to cost segregate the home construction cost.

This is a personal liability policy that goes into effect after the personal liability on your other policies (car or home) is exhausted.

This isn't simply subtracting REI time when you are acting as a PM, this is also "losing" the compounding effect of your time when your PM "job" takes time away from your REI "business".You can always get your lost money back, you can never get your lost time back...so don't lose it.