The things we do the day that falls in between (Tuesday) are tax deductible for my wife and I (1/2 of eating expenses, going to the movies or a baseball game etc.)On Wednesday, the other meeting day, those expenses are deductible for my wife and I because of the meeting.  

If children fit your demographic I would also recommend bunk beds in one of the rooms complete with games, tv, etc.

The government is only supposed to be the referee, not there to control who does well in the game.

Using the LLC asset only makes more sense to me, but I've heard it from tax attorneys for example that the appraised value is what's used each year, until The Person owns 100%, then it's game over.If anyone has direct knowledge or first hand experience or can point me to a specific reference document (IRS perhaps?)

I'm working on a 53 unit deal now without banks.There are so many different ways to skin a cat in this game. 

well thats a long slog trying to do it with rentals.and the limited amount of captial you have currently which from your post is borrowed money .To me you need to find land develop it and build it out.. thats where you will make big to bigger bucks the quickest then peel some profits off if you want to get into the rental game.

They know the game.

I'm assuming you have a hot tub and game room (pool table, large screen tvs, arcade games).

@Dimitrius Kiritsisthat is great, thanks Dimitrius, due diligence is the name of the game.

To learn from those ahead of me, find new ways to scale, and take my real estate game to the next level.