The principles in the Academy are aligned but what sets it apart is that with Nate it's a more granular level.

This is exactly why I believe that most people interested in actively participating in real estate (as opposed to just buying shares in REITs) biggest failure is that they want to skip the 12 - 36 months necessary to learn and experience real estate principles, real estate finance, and real estate law.  

I'm eager to meet and collaborate with fellow investors and industry experts who share my goals and principles.

So being conservative we would say you gain $46k in equity ($1.15m times 4%) plus cash flow (which I would argue is basically nothing after vacancy, repairs, capex) plus principle portion of debt pay down (you’ll have to look at your statements and figure this out).

To that end, in most cases even if the properties are owned within an entity, the principles (investors) will need to personally guarantee the debt.

That says a lot about you and don't give those principles up! 

Since we did $0 we are assuming risk of the loan amount, but can afford to take a small cash flow margin while someone else pays our principle down.We are working toward A similar plan as you as I plan to retire from the Navy at 42-45 years old in 7-10 years.

The same basic principle applies in situations requiring a gun only multiplied 10X: if you draw your gun you've already lost and if you're in a shootout you should expect to be shot.To address the actual question though "What is best, concealed carry, open carry or no carry?"

So, the KISS (Keep It Simple Stupid) principle applies.

Now onto the real estate...If you truly want to protect yourself against STR regulations only purchase property with the intent of  operating as an STR where these three principles apply: (1) the use is allowed, (2) the use requirements are protected by in place permitting and licensing and (3) the permissions are transferable through a sale.