From what I've seen on youtube, the bill contains the following:1- Free rent for all tenants across the US regardless of income for a year2- Landlords can file for Government assistance which comes with the following conditions   a- No raising of rent for 5 years   b- Government gets first right of refusal if you sell your property within 5 years   c- You can't discriminate based on criminal background or credit on new tenants   d- Something about the tenant getting 10% interest in your property   e- You must accept applications from S8 tenants3- The Feds will give money to local governments to help them buy up properties to convert to low income housingThis bill has little chances of passing but if what I read is true, this mindset is terrifying. 

There may be something to be said about investing in warehouses, since that could get a boost due to increase in e-commerce and shipping / logistics activities, but I am not educated on that segment.

Maybe this is crazy, but I’d ask to see the schedule e or k1 with the sellers information crossed out.

This two thirds was treated as investment property, depreciated, expenses for the entire building such as property taxes, furnace repairs are allocated two thirds and goes on the Schedule E.

@Bryan Miles, I haven't done it myself but Simplifile lists them as accepting e-file (https://simplifile.com/services/e-recording/e-recording-counties/e-recording-in-Alabama/)

In addition, most professional legitimate PM companies have professional liability, general liability, and E & O.

Has anyone had any luck supporting PPP forgivable fund applications for their 4unit and under Rental Properties reported on their Schedule E?

You need to start a LLC, get an attorney for Seller Side and Buyer side contracts, pay liability insurance in case you get sued like an agent get E and O, etc.Read my blog and my posts as I am pretty good at coaching lease options.  

She could make purchases on behalf of you/your company, making it easier since I'm assuming there are years of stable Schedule E's filed, leverage your personal finances, etc.

I guess asking for 12 months of cancelled checks would prove this but so would a CPA letter stating that you've rented the property out for at least 12 months or your last Sch E showing 365 Fair rental days.