I am more thinking of moving forward, I am at a stage where I am looking to acquire 6 to 10 properties from now through 2025 (that's the plan) and I was inquiring as to the best way to own those properties that would offer asset protection and tax advantages.

@Shrikant Kakani- thanks ...if you  dont need to use financing - disreagrd the following tip ..if you will need to use a loan to acquire your 1st investment property - I would recommend getting the formal loan pre approval step completed ..this is free  and it will help answer many questions you have  and  help get you organized and  prepared .

This asset has clear intrinsic value/value-add potential that is hard to acquire in multifamily these days.

That's why you do your due diligence before you acquire, not after.

I'm working on acquiring a former Adult Care Home from a retired couple, and I'm doing research ahead of a conversation with them about owner financing, which they are open to.

That said, I don't think I could've acquired 2 smaller properties for the price of my 5 bedroom that also outperformed it. 

The reason I am interested in this is because I don't have a ton of cash to put down but I want to acquire more properties even if it means paying a little bit of a higher rate and/or price. 

How do people who acquire and manage STR's track the time for their Active Material Participation activities? 

Not generating cashflow, but have reduced my living expenses and acquired an asset.So if I revisit my goals, within the next 5 years, I'd love to: (1) be in a consistent cashflow positive scenario with my STR; (2) move out of my house hack and rent both units; (3) purchase another duplex/SFH+ADU and house hack again. 

I would love to hear how many rentals you ended up with and how you acquired them?