If you use Quick Books, create two classes. 

In the commercial mortgage space we have found that NPN investments can be divided between(1) purchasing NPNs in which we’ve had no or minimal contact with the borrower, and(2) purchasing NPNs in which we’ve worked out details of a restructuring with the borrower prior to purchasing the noteAlthough the following is in no way a scientific, statistically verifiable conclusion, here is what we’ve concluded through empirical evidence1 - purchase discounts from UPB do not differ either way2 - having borrower agreement before note purchase results in much greater chance of creating a reperforming note3 - having borrower agreement before note purchase results in much less chance of having to foreclose4 - having borrower agreement before note purchase results in borrower seeing us as an ally not as an enemyAside from 1 above, the results are exactly what you’d expect.

We aren't looking to create a ton more work for ourselves, just wondering if there are some low effort things we can do to make them more financially stable (which reduces our risk as landlords). 

You'll have to create the image of a far superior experience and then convince the consumer that there's a real benefit that's worth $3.50/cup, when the competition is cheaper and probably tastes very similar.I looked at Tandem's website. 

I have heard lots of varying opinions about whether I should create a business like an LLC or some say I should have the house in a trust.

Begin with the end in mind, plan your project well, and create a clear scope of work. 

Do you have any advice, tips, strategies for creating such content?

My goal is to create passive income that isn't directly linked to the stock market, so Lisa and I can relax in the next 12-15 years. 

It seems like an easy enough place to create value merely by providing something "cool". 

Ive really appreciated hearing how others have integrated multiple businesses into their models creating multiple flows of income as well.