If they have kids now you really don’t want to be the person that said no and then one gets hurt.

They said you can buy even single family home with a commercial loanThey don’t look at personal income.  

It’s good the person is alive and well. 

Personally I would not put all my eggs in one basket, especially if I "fell into this position"

The online form is letting me enter my Florida mailing address but says the registered agent must reside there. dont have a mailbox there, or should I just have the mail forward to me in florida?

House hacking will also give you some personal "property management" experience.

Overall, he seems to want to do a basic cost seg for me on the FF&E and Capital Improvements and leave the original basis of the property on the conventional depreciation schedule.I would love some feedback, personal experience, thoughts on this matter.

The easiest way to do that is to be honest with yourself about your goals, risk tolerance, personal bandwidth and capital. 

I'm personally a broker and investor doing a lot of work in Davidson county and seeing some good results.

So if you made $100 (on line 1) but used $100 in advertising (line 8) your taxable income (line 31) would be $0.