I would like to focus on small multi families.I am looking forward to joining the conversations and connecting with everyone.CheersChristopher 

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Just follow your own steps 1-3 and have a conversation with the tenant about what is going on. 

In regards to the actual policy, I like to keep my deductible up around $5K since I will only use it for big items this helps keep my premium down, I also like to get as close to $1 million in liability coverage as possible.

I guess I was just starting the conversation with someone other than myself, I need advice.

I've already started looking for deals and have had my first conversation with an equity partner. 

Interest on an automobile purchase (to the extent of business use of course) is included along with parking fees, tolls, and taxes as a "separate item" distinguished from the "fixed and variable costs" described in §4.02 that are not deductible when using the standard mileage rate.The theory here is that the "standard mileage rate" is the sum of "fixed and variable costs" such as depreciation or lease payments, maintenance and repairs, tires, gas, oil, insurance, license/registration fees, etc., on a per-mile basis.However, this "standard mileage rate" does not (theoretically, of course) include the "separate items" of parking fees, tolls, interest, and taxes, and so these may be deducted in addition to taking the standard mileage rate.Also, I assume your car is relatively old or inexpensive such that the standard mileage method makes sense as opposed to the actual expense method?

Like I said, the question stemmed from a conversation in jest I had with another investor, but it got me thinking and I got pretty much zero Google results for "Section 8 in class A areas" (shocker). 

Unreimbursed casualty losses can be deducted (as an itemized expense) on taxes.

There's always those conversations about the legality of wholesaling, whether or not you need a license, etc.