This effectively treats cash flowing properties as cash draining properties and puts your DCR upside down after 2-3 properties. 

In OR, Sec 8 vouchers are treated like income without prejudice.2) If that is a legal question, putting false/incorrect info on a lease is grounds for refusal or FED down the road. 

Then simply multiply by 0.75 (aka 750).I would assume that all other costs associated with the occupied unit would be the same - with the assumption your renters will treat the property as well as you! 

Also, it's likely that the electrical and plumbing systems would have been treated with a similar level of care (i.e. it's unlikely that they'd neglect the electrical and take excellent care of the plumbing, or vice-versa). 

That will affect the model which the appraiser uses in their valuation, i.e. if it has more than 4 units then they may treat it as a commercial property and use the local cap rate alongside its income. 

Hope to treat ya to coffee one of these days as a thank you. 

Investments and primary residences are not treated the same.Several people have shared the rules regarding a primary residence for federal tax purposes.If this was your home for 2 of the past 5 years, you are allowed $250k cap gain exemption as you are single.Your income level is irrelevant. 

We basically just tried to treat people as we expected to be treated if we were renting somewhere else.

I'd add for common mistakes is treat it like a business. 

Would you possibly like let me treat you to dinner and pick your brain?