Interested to know more about your findings / research.  

A lot of tremendous resources on this site.  

This will make it a lot easier to manage, will cost you less than buying on the market and typically you can get 1:1 rent returns.

Read the Operating Agreement. 

New to investing in the area and have been seeing a lot of posts from these guys but not sure if they’re reputable or not

i think this is a decision only you can make. im in a similar boat (house hacking my primary) and considering renting the whole thing out to get a solo home for myself. certainly a lot of appeal in that, given how much work goes into the house hack. but whether or not the numbers on cash flow align is up to you. personally i dont think $150 (seems like about 12%?)

There’s not really a lot of value add opportunity or sales comps in this space for our area.I typically (BRRRR) purchase fixer uppers with cash, fix up, rent, then refinance on a DSCR and get all of my money back.

You can also find a lot of wholesalers on FB groups but as always it's important to do your due diligence. 

Your strategy on a 5/2 is going to take a little more blocking and tackling for mid term rentals.

@Fred Robertson, I was actually reading a little about this sort of thing today and it is absolutely the kind of thing where you get a CPA or certified financial planner involved!