But that’s a simplistic interpretation of a more nuanced predicament.

Looks like it is subject to interpretation.

Correct me if I'm wrongProvided I'm interpreting this correctly, IMO - your numbers on House #1 are too tight if you want the cashflow to do you any good.

That's a different question than the one I interpreted from your post. 

Yes this is crazy but it’s how it’s being interpreted right now until challenged in courthttps://www.lenderlaw.com/post/new-department-of-revenue-policy-complicates-foreclosure-sales?

Service - Just like quality of a property management team, service is open to interpretation too.

From what I’ve interpreted so far on multi family properties is that I can not buy the Multi Family under my LLC.

I’ve seen texts come up in court and kindness can be legally interpreted as agreement over texts which will be admitted as record if you go to court.

Attorneys in this area require a $2,500 retainer to interpret this statement!  

No matter what kind of car you roll up in, clothes you wear, how you speak, how you gesture everything may be interpreted because sometimes that is what we humans do.Some will see it just as you fear as the rich greedy SOB landlord here to collect pennies from the minions.