While corporations must adhere to annual meetings, board of directors, minutes, bylaws, corporate officers, and franchise tax filings/public information reports, LLC’s have only Articles of Organization and Operating Agreement.  

Small accredited investor capital is a huge capital market that can supplement institutional and public sources of financing and provide narrow alignment on a per project basis.

If you're looking for cash flow, maybe buy in the public markets (stock paying dividends, Master Limited Partnerships, Business Development Companies).

A land contract allows you not to reflect the terms sale in the public records. 

The sewer problem is getting more publicity which leads to more money being dedicated to the problem.  

I work full-time as a CPA audit manager at a Big 4 public accounting firm, and in my free time I would love to help and learn from an experienced investor with strategies similar to what I’m interested in (appreciation, single family (potential multi family), mid-term rental (potential short-term)).Open to any advice as well on how to make my first leap into actual investing!

Expecting to get accurate answers to complex legal questions on a public forum so you can safe the $275 consulting fee of experienced legal counsel 10.

When I bought these lots two years ago there wasn't any new construction in the area yet but here's where knowing your market and having a good idea of what drives development geographically, amongst other factors (jobs, amenities, public trans, etc.), is very important.

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For example, if you had a full time job (2000 hours per year), you'd have to justify that you did 2001 hours doing real estate related activities.See the IRS' page regarding activities:  https://www.irs.gov/publications/p925#en_US_2022_publink1000...The other question is why are you have so much passive losses to bring onto your main 1040?