A majority of real estate investment properties are held in an LLC.

A carryover basis would be a huge downside though compared to a basis step-up if held by parents until death. 

I've sold while in your shoes before, and I've also held with large negative CF.

I think what you’re referring to is a checkbook IRA so you can bypass the custodian when performing transactions/investing and all assets/accounts will be held in the name of a special purpose LLC or Trust which is the instrument that gives you checkbook control.  

If they choose to stop paying rent later they are held accountable for that.

Gold is similar to bitcoin; The metal itself has only the value that the markets think it has.

My short term objective is to get my feet wet with my first investment property to learn the ropes while also having my hand held a little bit.

By doing this, you are extending the policy's coverage to include your property manager, should they be held liable for any incidents or accidents on your property.Why is it important to add your property manager as an additional insured?

Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

Closing funds were held in escrow, buyer decided to sue for SP.