However, chances of making a mistake or overlooking an opportunity to save are higher when it comes to rentals.The dilemma is whether it's worth paying a professional in this case.

There is a good chance that if you put your primary home into an LLC, you'd most likely lose that exclusion.Is there a particular reason you are considering making this LLC?

I have not heard of anyone doing them in years so the chances of finding it would be slim to none.

these can produce good returns but best chance for success is for those that have experience in this area (I am a partner on an effort adding 8 ADUs, but it is not performing to the initial underwriting (underperforming) and it is an experienced team).good luck I get it, but not everyone has the opportunity of scale and building multiple units.

Was the 1st bank you went to NBI by any chance?

It will make the loans more valuable if you ever decide to sell them and decreases the chances of default. 

Hey there, I currently live in San Antonio, TX and there is a big chance I'll be living in NYC starting next month with my partner.

I tell people the harder it is to zone your project, the less chance a competitor will come nearby.

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

Think about your individual chances of being affected.