Benefit from their knowledge (until you build you own preferences).  

How do I know what adjustments to make to the comps when I'm analyzing deals...I understand the concept of adjusting values on comps, I'm just unclear about the actual value of, let's say "a bedroom", "a bathroom", "car-port", etc. 

This seems to be the most important thing for my wife at the moment, not cashflow or the other benefits of Owner-Occupied SMF properties.

Furthermore, the deduction is phased out for adjusted gross incomes between $100,000 and $200,000.And while we are on the subject of taxes, it is worth noting that some of the deferred income taxes will come out in the wash in the form of higher capital gains taxes, if and when the property is sold.

But you really need to know your target market and adjust to them. 

One of the benefits of investing in such a tenant-friendly state (sarcasm) 

I dont think there is any benefit to charging yourself rent. your rental business income is taxed as pass through to your personal taxes.

If someone is willing to live with family or in a homeless shelter they could potentially invest near 100 percent of their income and certainly benefit more in the long run compared to owning a primary residence.

I have to disagree with you on this one while I operate currently under my personal name and have an umbrella policy, the article you linked explained the benefits of not doing a LLC from the perspective of being a owner occupant.

On that note, market has slowed down a decent amount which needs to be reflected to adjust your price.