So, let’s break it down and clarify what sets bookkeepers, accountants, and CPAs (Certified Public Accountants) apart in terms of what they do, what credentials they need, and what they can and can’t do.

Really sounds like more of a publicity stunt than anything else. 

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. 

To keep these approvals valid, developments should secure public investment to support housing affordability and ensure that at least 50% of the units are affordable.

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.

https://www.pacermonitor.com/public/case/52952796/Freedom_Ca...

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.

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.