Also interesting in this question, I wonder if anyone here has done any research on this program...How long has it been around, how reputibale it is, and mainly what are the impacts.

How the bill impacts an investor is really a function of their goals.

In addition, his principal paydown is about $1200/month, so his net impact to his net worth is $300/month before factoring in tax deductions or appreciation. 

There have been a couple studies on the impact of IPOs and the results don't suggest a 50% or 100% increase.

Seems like we will have flexibility in terms of the operating agreement and structuring the economics.From what I understand, a few key considerations will be (i) where to incorporate, (ii) what structure to utilize, and (iii) what we will be the resulting impact to our personal tax situation/asset protection.  

I'm a program/portfolio manager in my day job, with oversight to some of the largest and most impactful project portfolios in my group, so I know the criticality of plugging the right people into the right spots.By day, I manage portfolios of technology projects for one of the largest tech companies on the planet.

Does anyone know how this will impact future insurance premiums?

This of course can have a dramatic impact on the value of the property.

Then I am going to use my success and resources to make a positive impact in the world by providing opportunities to people who are born into poverty, with disabilities and diseases and to give back back to veterans.

Sometimes they come down.Better safe and conservative especially with single units and smaller properties as one vacancy makes a huge impact on cash flow.