Such as you transfer the property into your wife’s name, you or your wife get sued for something unrelated to the property, a judgement is perfected as a result of a liability finding, and the creditor successfully forces the sale of your mother in laws house to satisfy the judgement.  

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.

The purpose of course, is to save for retirement in either a deferred or tax free account. 

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

Realtor fees, income tax, correct arv, correct costs.

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

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.

I'm curious what experiences people have had taking tax deductions as a non-professional REI.

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