In this way, you don't need to depend on just your W2 income to qualify for more mortgages.More mortgages are not necessarily riskier, as long as you maintain an equity cushion and positive cash flow (with margin) on each property.

The 20% put up by you would go into a reserve account maintained by the lender and would pay no interest while being held.

The way you propose to do this (with great comments from @Daniel Chang as well) by switching over to the new rent, rentable square footage, and operating expense schedules while maintaining the tenants same initial bottom $$ line is a great strategy, will likely not illicit any objection, and set the very important foundation for your office investment to profit and grow in the future. 

And thanks for your vision and hard work in creating and maintaining a great educational REI site, along with the awesome podcasts! 

Now I'm not a licensed agent but I do have quite a few anecdotes about how agents and others that work in the industry here put up huge roadblocks to maintain the status quo.

Once you set up each entity, it is fairly easy to maintain.  

Look at how the properties are maintained; what types of vehicles are in the driveways/carports, etc.

In addition, this person can maintain the home in between persons leaving and going and will contact me regarding any problems with the home and will kind of be the watch out.

—In all criminal cases, contempt cases, and other cases filed pursuant to this chapter, if a party has sold, leased, or let real estate, the title to which was not in the party when it was offered for sale, lease, or letting, or such party has maintained an office bearing signs that real estate is for sale, lease, or rental thereat, or has advertised real estate for sale, lease, or rental, generally, or describing property, the title to which was not in such party at the time, it shall be a presumption that such party was acting or attempting to act as a real estate broker, and the burden of proof shall be upon him or her to show that he or she was not acting or attempting to act as a broker or sales associate.

We are looking to get another property or two this year while maintaining our full time jobs.The problem is where!?