This is also our first property in SF; we're doing all the research we can re: being landlords in a very strict county.

Prestia is pretty strict with their loan criteria and won’t finance a building - only single apartments.

Louis County is pretty strict with code enforcement, you could always call in to them and see what they could do to help you out.

If I do get to the point where I have multi-family properties and a family home, it would make the most sense for me to sell this property so I can narrow my focus into strictly managing and acquiring bigger deals.   

I know in the past, I have saved up my points and had the full intentions to use the funds strictly for a vacation but then decided later on to use it for something else like business cards or advertising or to take my girlfriend out for a nice dinner and then I never went on the vacation. 

Computers are know as listed property, and if you want the deduction, there has to be strict record keeping. 

It may not be strictly legal but what they are doing is definatly not legal.

The great thing about it though is you can apply it to nearly everything in work life...whether it be actual business or strictly management.

This is strictly to meet code requirements.

The idea being I am more involved than a strict turn-key and am able to reap some equity from the start.