I still have a w2 job and wanting to take advantage of maximum depreciation by doing a cost segregation study.  

Reason I am moving to LLC is to take advantage of getting Business Line Of Credit later

Do you have an unfair advantage???  

One key advantage is the VA loan, which allows you to buy a home with no down payment and competitive interest rates, making it easier to purchase property.As you continue to invest, you can use rental income to help cover mortgage payments or expand your portfolio over time.

Michigan has no laws about late fees, by you need to check your state & local statutes.Conceptually, if you don't have a solid Late Fee policy, you will eventually get taken advantage of.What we do as a PMC, much of it automated:1) Rent Due Date: first of month- Don't ever modify this as too complicated to track!

We immediately check out the property after check out.But, our STR is next door: big advantage!

I have only taken advantage of a few live calls of the 20 plus going on weekly on a variety of topics within the community.

The choice between maintaining liquidity versus reducing debt will largely depend on your priorities and future investment plans.As for subdividing or CPRing the property, there are several advantages.

Decide in an area of expertise and where you have an unfair advantage. 

This can be risky as you are not experienced, making it easy to take advantage of you.