Since leveraging this tax strategy could save you significantly on taxes if you do qualify you might want to seek personalized advice, that's tough to get in a public forum, to avoid missing out or getting audited and failing audit. ...

Here’s some suggestions for investors investing in non publicly traded securities1.

I would thank him for his feedback and share that you made a business decision that is mutually beneficial (https://www.avail.co/education/articles/should-you-collect-r...scroll down towards the bottom of the page to see the comparison) which includes providing the tenant with a receipt and rent reminders.  

The law here says eviction is a public interest issue (of course it is!!!) 

It's in municipalities best interest to have this information readily available to the public so their rules are abided by. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

the good news is that you're in the middle of a "masters" level education at this point.

Public forms are not the best place for asking legal questions since it's rare to find a unified accurate answer, so hopefully the video helps. 

Scaling up properties requires cash flow or equity, continuous education, networking, mentorship, patience, and persistence.

These are properties publicly listed with photos, etc.