It also means that you cannot deny selection of an applicant for having a Section 8 voucher.

If you get enough applicants you get high enough selection and screen right you can cut your maintenance and vacancy down and maybe water. 

Plus I still have a full time job working 50hrs a week so don't really see how I can fun this effectively... for now at least.

@Agyei Axum i have been renting by the room for the last 7 years. that is actually all that i do. i would strongly suggest doing that in your case to boost cash flow in your expensive market. i would find comparables in order to price effectively.

If so, you could go with accrual basis if you haven't already selected.

I certainly would be vigilant when selecting someone and allowing them to live in my home with me and my kids; but you would not be the first, and if you pick right it might reinforce the family unit and teach your boys about sacrifice. 

Success looks different for all of us but we all have an ideal level we’d like to reach before we can claim “I made it.”I want to talk about another side effect if success which is philanthropy.

An agent has 20x the amount of sellers to select from and 20x the opportunity to represent buyers. 

Now where would I find out how this will effect the property taxes?

So, you just have to shop around and select products that work for you.One other thing I suspect is going on is that your option B is a conventional Fannie/Freddie loan product not a commercial loan.