@Jose QuinonesVA loans include advantages such as no down payment, lower interest rates, and increased cash flow potential for house buyers.

We're trying to decide between forming the LLC in Ohio or Wyoming.We've heard Wyoming offers stronger anonymity with lower costs, while Ohio might provide specific benefits for in-state real estate.Can someone please elaborate on the advantages and disadvantages of each state for our situation?

Are you trying to take advantage of the STR tax loophole? 

We have the advantage of being young, and we should use this to the best of our ability. 

But if CC companies/banks want to offer 0% interest for a period of time, I'll try and figure out a way to take advantage if I can!

Do you really want a paltry 3% dividend while losing many of the tax advantages you have with actually owning the property yourself? 

Any other advice you can provide in that situation to make sure I don’t get taken advantage of?

You can take advantage of first-time homebuyer programs or low down payment options since you’ll be living in the property.Exit strategy.

Being able to do your own renovations and improvements will give you a serious advantage when house hacking or even working on your own projects.Akron has some solid real estate opportunities, especially for house hacking in multi-family homes.

And then you will purchase a new investment property and all of the gain is tax deferred indefinitely as @Jaron Walling said.The way to combine and get both advantages would be to move out and turn that property into an investment property for a year.