Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.

Useful perhaps if you have unexpectedly high expenses that year that can help reduce this extra taxable income.Consider this alternate solution: Have an escrow company hold the funds and disburse them monthly/yearly to you according to your lease. 

Paying principal does affect cash flow to you - it reduces the net cash flow you get to put into your pocket.

I have had this problem for a few years and have been 'saving' those tax loss for future year when I sell properties to reduce capital gain instead of 1031.

Usually, I'll sell a note because I have an over concentration of a particular asset type or product type in my portfolio and a regulator or examiner has told me they recommend (or require) that I reduce that concentration in my portfolio.

USAA just performed an on-site inspection of our personal residence as standard procedure for certain new policies and they REDUCED our premium from the original quote/price.  

If your goal is to reduce that self-employment tax to a minimum, an S Corporation is the best entity to use.

The reason I want to split the properties is because I want introduce business process and reduce my person dependencies.

Thanks so much for the input guys, seeing as i have low overhead now I am thinking i will give Uber a little shot and see what i can come up with networking hopefully.

If so, your capex expenditures would be greatly reduced although that is usually offset by the HOA fees you will pay.Request copies of the By-Laws and Declarations and read them thoroughly so you can have a firm grasp on what you are responsible for and what the HOA is responsible for.