Cost savings will come down the line once the operation is set up, running smoothly, & you've hit that sweet spot for the number of units you have under management. 

From the investor side I know there are folks who like that they can access cheaper markets within an easy day trip, and get in a little wine tasting or what not as well. 

What I'm saying here is, the interest deduction is not that sweet and certainly not worth justifying keeping debt if you have the means to pay it off.

It was sweet and the charitable contribution really wasn't an expense.

I've also heard providing a "welcome basket" or something like that with wine, chocolates, etc. also helps.

In that area a $650 tenant will typically be spotty, from my houses and ever property mgr I have spoken with over there the sweet spot starts at least at $1000 moth, more likely $1200.Who is going to handle evictions?

When purchasing a system, size matters, as there's sometimes a sweet spot where you maximize the available incentives but don't offset your energy consumption 100% (e.g. in Oregon, the state tax credit maxes out at $6,000, so systems larger than 3.5kW can cost more per watt, if you're buying the system yourself).It depends on which state you're in, the direction your roof faces, the pitch of your roof, the age of your roof, shading, the average amount of annual sunlight in your area, your electricity company's available incentives, your electricity rate, your electricity rate plan, how long you plan to own the property, how much electricity you currently pay for (if any), how new/energy-efficient the building already is, and available financing options.  3.  

However title insurance companies are not just concerned about "Wining"a case to clear a title, but just as concerned about the possibility that someone will try.

When an opportunity arises, where are you going to get the money to buy that sweet first home?

Your partner seems to be getting a sweet deal out of this.