Boot includes any cash retained or the difference if the replacement property is of lower value than the relinquished property.

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

Maybe your market is different but in my market appraisers will screw you over on the value of an ADU. 

You have to learn either way and the only difference in a lot of cases is the numbers are bigger.

That said, if your insurance doesn't cover certain breeds, then you need to deny those breeds - until the law is changed or you find a different insurance provider who will cover them.There is definitely a law about dog bites, though.  

(I will be moving to different states) While I was chugging number for some of the properties that I'm looking at, I came to wonder what would be considered as a good, decent cash flow once I move out.

Very different advice if you were looking to make $20k a month while spending your days on the golf course or lake. 

Just a different name.

There is no "perfect" structure out there but I've tried a lot of different ones within QBO over the years and this is by far the best I've found.I use this structure for my own portfolio as well.Hope that helps!

However, a different niche such as insurance placements, might very well be in the 70%~ occupancy level but the rents are going to be so much higher that the occupancy rate (comparatively speaking) is irrelevant.