While it may be the case based on the legal wording (it seems a bit gray to me(, I think it provides best coverage to just have at least one escrow account to keep the funds isolated from operating expenses and your personal money.Q2.

I am, obviously, very "green" in this very complicated and seemingly "gray" world of property investing and renting. 

There was easy walking (aka staggering) access to downtown and RPI as well as nearby bars and grocery as long as you didn't mind the gray slush and muggers.

It's a gray area and the IRS specifically disagrees with not calculating SE tax on any Guaranteed Payments." 

I have a company called mac-gray lease me the units.  

These are the compliance auditors and examiners for institutions generally, this is still a gray area as you may have a small bank officer who has had to self-study through this maze , then you may have a compliance officer from a large institution who has attended formal training, so consider that. 

Also, and this may be a gray area, but what's wrong with sending that paperwork to the tenant, un-filed with the IRS, under the premise of "this is what you're looking at if you don't pay"?

An idea is doing some pavers in the backyard, which could be in the gray area of impervious area calcs for Oakland. 

Last time we listed our rental in Gray, Maine, we just used apartments.com.

I just have some gray areas in my knowledge.