For your convenience and reference, I have included with this fax the text of §2943 of the California Civil Code, and have highlighted some of the relevant passages within.

The lady at the state quoted me the exact passage from the statute.

Depreciation is a huge deduction, but not one you incorporate into the cash flow.I'd say call an accountant/tax pro, but I feel like the process of completely jacking up one's taxes is a noble right of passage for anyone looking to get into real estate.  

This passage followed a discussion of the benefit of paying extra mortgage payments towards principle, so I can't imagine what else the advice would have meant.

ESA does not grant passage on airlines or public transportation.  

They handle non-emergencies (noise disputes, safe passage into a home to remove items, etc).

Yes, most of my books come from the recommendations form guests on the BP podcasts and I've never been let down yet.Anyway, there's a passage, "Whenever a group reached a decision while sober, they later reconsidered it while intoxicated".What does everyone think about that?

For some perspective, may I remind you that repeal of 1031s and capital gain increase were heavily discussed prior to the Trump tax reform passage? 

I agree the next sentence goes on to address a current owner that may already have more than three, which seems redundant in light of the first statement...but the way it is written the plain reading is that three maximum in the entire development applies...The subsequent statement about three per owner only applies to current owners at the time of this being passed...it's an additional stipulation in light of the fact that some owners at the time of passage may have already been in exceedance of that requirement.

If your doors have deadbolts and knobs, buy passage knobs (no keys) that don't, save a few dollars and minimize lockouts.