Thank God my rentals are outside of the city or I would probably be in very tough shape.Seattle was super dangerous with homeless epidemic.

All my listings specifically say no cats as I am very allergic and no dangerous breed dogs which are spelled out in my listing due to insurance. 

It's perfectly legal, however also perfectly dangerous.9 out of 10 people who take this route end up unable to replenish the borrowed money, resulting in huge cost: full tax plus 10% penalty.

Dangerous words many have regretted later.Let's step back and look at your goal. 

That's dangerously close to the 1% rule, and a lot closer you would get to it than if you purchased a new construction.

As you know, you don’t have enough to make a first-position loan, and second-position loans are easily wiped out and way too dangerous.

Relying on general ideas is dangerous when it comes to taxes.Read this older thread to see why this area is far more complicated than you might think: https://www.biggerpockets.com/...

Very useful if you have a forest to cut down, but can be dangerous to those who don't know what they are doing.

I’m basing that more on things like W2’s being issued by a business versus what was reported by the person who received it - but I imagine it extends to all types of transactions.you are flirting with danger though.  

As previously mentioned, it will vary for each town, city, county and/or state but as a general rule, the more "dangerous" the installation might be, the more a permit is likely to be required.For example, the issue with a gas stove (or gas hot water heater) installation makes sense.