Or it would still be non beneficial till I hit the no loan problem?

So the income theoretically does not play a role in the value but, in practice, the better the income the higher and item sells for and therefore there is a correlation between income and appraisals even for the 4 unit and less RE (it is just not as strong as your post implies).The bathrooms over the closet is the correct choice if the numbers he provided are accurate.

They create the rules, and then change when beneficial to them.

I have a cabinet guy who can get me Contractors Choice for 10% less than Lowe's but I am still left needing lights, Plumbing fixtures, mirrors, baseboard, casing, and anything else.

The idea is that on limited income tenants will have to make choices.

I have the following questions while preparing my taxes since I am trying to figure out if it is beneficial to continue renting it on a STR basis once I report the income and have to pay taxes on it. 

Everything he said sounded beneficial along with 24/7 access, biweekly coaching call, training videos, etc.

I am initially skeptical of how beneficial this deal may be, but I would love to try to sort through it with you.

Good idea to leverage this into something beneficial.

I think for most of us on BP this seems to be the better choice vs going through the PPP program.