@Derrick Roland II Let's see, traffic noise, challenges backing out of your driveway, have to keep kids in backyard and off front sidewalks, big trucks passing by will shake the whole place, can't think of anything positive.All the negatives will reduce your max rent and make it harder/longer to find tenants.What's more important is understanding if the Neighborhood is Class C or D.

Install landscaping that super low maintenance and reduces water usage and looks nice.

I dont see how the risk would be reduced on second mortgage unless you are planning to hold the property in some type of llc.

The one negative is with multiple tenants in a house is potential for conflict among each other but could be reduced by screening all of them well. 

None really reduce the amount of money they have to come up with, but if they are broke as a joke do you really want them as your tenants?

I reduced rent by 100 $ last week as well from zillow Zestimate rentI spoke to other new property manager whom I am thinking to switch for long time.

I can promise you that my first deal was TERRIBLE, but I lived at a reduced monthly cost to living than renting/buying a single family and that is what mattered. 

Unless you find some more fees to reduce that to $370 you will be exposed to tax on the $10k difference so just a couple thousand there.The extra $30k of depreciation will get rationed out based on the purchase prices of your two properties.

It might be partially reduced via an S-corporation.

For example, if the lender uses an 80% LTV on the loan, but the DSCR is 1.10x (and their minimum is 1.20x), then they will reduce the loan amount until they get the DSCR to 1.20x.