Look up local ordinances, laws, taxes, and insurance.

Hi Mandeep,The 100 sq. ft. of exclusive landlord space could be utilized in a Business Use of Home deduction on your personal tax return, accounting for 10% of your home expenses.

Taxes for immediate payback, and then in a year or two when the rent increases, you will be in the money.

That will provide you with confidence knowing there are no taxes owned or unpaid liens.I have worked with Lucia Rushton in DFW multiple times who can great agent and it is well worth using her to avoid painful mistakes! 

A 50 unit building has one property tax bill and one insurance bill.

As to your primary residence exemption, if you don't live there and you claim primary residence exemption that would be tax fraud.

One thing you might also consider when choosing a place to invest out of state is; After you have property there you can visit the area for business and a have tax write off.

Appreciation, tax benefits could make it a sound, long term investment.

Had a CPA for taxes for years.

No income tax if it’s your primary residence and you own for two years.