The part that seems to continuously get people (unfortunately, and for lack of better words) is the "no evictions, no bankruptcy, and no more than 6 non-medical collections." 

Here's a spreadsheet I made that will help you think about the house hack vs buy vs rent decision - available for free here on BiggerPockets: https://www.biggerpockets.com/files/user/scotttrench/file/ho...

.)- We file our taxes as joint / married- Her tax deduction benefits from qualifying as a real estate professional from the STR can offset my W2 income. - She can use REPSTRACKER for thisI then of course have a plethora of other questions in terms of book keeping (tracking all purchases etc...) but I will save those for another time unless someone has the best offline resources I can start to learn from? 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

They will need to file a partnership tax return, and each owner will receive a K-1, which will include their individual SSN.

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

We are also 2 points in origination on most files. 

I filed a claim for loss of rents. 

For instance, many categories you might want to file transactions are missing.

@David Butcher Buying a property in ch 13 means they filed to keep the house while in foreclosure.