And I'm not going to start working as a sales clerk at Forever 21 which might pay a few cents more than minimum wage but since I have no experience in retail, I'd probably still start at minimum wage.I'd rather keep looking for work in corporate, government and the nonprofit sectors where I have years of experience and can expect a salary that factors in my experience.

Gabriella,In my experience you just need to have a legal entity and submit your articles of incorporation as well as obtain an EIN.

I have extremely low DTI and it would only get lower incorporating rent for the housing I currently occupy.

That's quite the graphic.

The income that you are generating either falls on a schedule C or you have it incorporated in an LLC which is a K1.

Definitely not my best investment.Since you have $300k saved up, look for MF(multi-family 6 units or more) and incorporate PM (property management) as part of expenses may make more sense. 

A phasing plan was incorporated into the city’s agreement to require commercial uses to be constructed proportionally with residential uses.https://communityimpact.com/au...

As for legal entity it depends on what’s most important to you - I my self just incorporated under series LlC.

I have hired leasing agents, lawn care, cleaning and web/graphics design.

As a result of the pandemic, my job in corporate america was recently eliminated.